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2400 Market Street
FINANCED

Newmark Brokers Secure $220M Loan For Philadelphia Office Building On Market Street

2400 Market Street

Office
593,000 SF
clock iconFinanced 1 year ago
Benjamin (Ben) Kroll
Dustin Stolly
Christopher (Chris) Kramer
+ 3
the dealplayerscompscontact
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Summary

Loan
PENNSYLVANIA
Office
593,000 sqft

The property involved in this transaction is an office building located at 2400 Market Street in Philadelphia. The building has a total area of 593,000 square feet.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $220,000,000
  • Address: 2400 Market Street, Philadelphia
  • Market: Philadelphia
  • Lender: Deutsche Bank
  • Landlord: Lubert-Adler - Dean Adler

The loan for this transaction was provided by Deutsche Bank. The landlord of the property is Lubert-Adler, represented by Dean Adler. The brokers involved in this deal are Dustin Stolly, Jordan Roeschlaub, Chris Kramer, Nick Scribani, and Benjamin Kroll from Newmark.

Players

  • All

    7

  • Agents

    5

  • Agencies

    1

  • Lenders

    1

Benjamin (Ben) Kroll's profile picture
Benjamin (Ben) Kroll
Newmark-image
Analyst, Debt and Structured Finance
Dustin Stolly's profile picture
$5.1B Sold

Details

Deal Summary
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FINANCED
IMAGE: Chris Kramer, Jordan Roeschlaub, Dustin Stolly, Benjamin Kroll & Nick Scribani DATE: 12/02/2021 ADDRESS: 2400 Market Street MARKET: Philadelphia ASSET TYPE: Office ~ SF: 593,000 LENDER: Deutsche Bank LANDLORD: Lubert-Adler - Dean Adler BROKERS: Dustin Stolly, Jordan Roeschlaub, Chris Kramer, Nick Scribani & Benjamin Kroll - Newmark LOAN AMOUNT: $220,000,000

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Address2400 Market Street

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