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

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.