Garett Shiner Of Balashine Properties Secures $17.75M Refinance Loan For Office In Wayne, PA

The property asset involved in the transaction is located at 480 East Swedesford Road and 500 East Swedesford Road in Wayne, PA. This office space encompasses a total square footage of 110,361. The transaction entails a refinance loan amounting to $17,750,000 with specific loan terms extending over a period of 5 years.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $17,750,000
• Loan Type: Refinance
• Loan Terms: 5 years
• Lender: Chuck Mackenzie - Morgan Stanley
• Landlord: Garett Shiner - Balashine Properties
• Landlord's Representative: Jack Cortese & David Frankel - D2 Capital Advisors
• Landlord's Attorney: Adam Taylor - Kaplin Stewart

Key individuals involved in this transaction include the lender Chuck Mackenzie from Morgan Stanley, who facilitated the refinance, and the landlord Garett Shiner from Balashine Properties. The representation of the landlord was handled by Jack Cortese and David Frankel from D2 Capital Advisors, while legal matters were addressed by attorney Adam Taylor from Kaplin Stewart.