Nuveen Real Estate Provides $265.3M Loan For Life Science Property In Philadelphia

The property involved in this closed transaction is a life science asset located at 601 Walnut Street in Philadelphia. The property spans approximately 912,245 square feet and is owned by Keystone Development + Investment.

Summary of transaction details:

• Property Type: Life Science
• Transaction Amount: $265,300,000
• Date: 08/24/2022
• Market: Philadelphia
• Lender: Nuveen Real Estate
• Landlord: Keystone Development + Investment - Jamie Rash

The loan amount for this transaction was $265,300,000, provided by Nuveen Real Estate. Jamie Rash, representing Keystone Development + Investment, played a key role in the deal as the landlord's representative.