Brookfield Asset Management Secures $435M Loan From Morgan Stanley, Bank Of America, Goldman Sachs In McLean VA

The property involved in this transaction is a retail asset located at 2001 International Drive, McLean, VA, encompassing a total square footage of 740,847. The transaction secures a fixed-rate mortgage amounting to $435,000,000, with the asset being nearly 88% leased at the time of the deal.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $435,000,000
• Lender: Morgan Stanley Mortgage Capital Holdings, Bank of America & Goldman Sachs Mortgage Co.
• Landlord: Brookfield Asset Management
• Maturity Date: 2031
• Closing Date: February 2026
• Initial Purchase Price: $15,000,000 in 2018
• Capital Upgrades: $214,900,000

This transaction involves Brookfield Asset Management, which secured the loan for Tysons Galleria as part of their ongoing investment strategy. The collaboration includes prominent financial institutions such as Morgan Stanley, Bank of America, and Goldman Sachs, highlighting the significance of the deal in the retail market sector.