Maguire Hayden Real Estate Co Refinances 300 Four Falls Office Building For $58 Million

The transaction involved a refinancing of a 298,564-square-foot office building located at 300 Conshohocken State Road in West Conshohocken, PA. The loan amount for this refinance deal was $58,000,000, with a fixed-rate term structured over five years. The asset, which was built in 2003, was noted to be 91.6% leased at the time of closing.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $58,000,000
• Lender: Barclays
• Landlord: Anthony J. Hayden - Maguire Hayden Real Estate Co
• Broker: Chad Orcutt - JLL
• Loan Type: Refinance
• Loan Terms: five-year, fixed-rate

Chad Orcutt from JLL was the broker who led the transaction, which involved refinancing arrangements through Barclays and an entity managed by Argentic Investment Management. The deal illustrates the collaboration of key stakeholders in the refinancing process for this prominent office asset.