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Lincoln Property Company & Metlife Investment Management Secure $60M Construction Loan For Office/Medical Facility In Waltham, MA

300 Third Avenue
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This Office property located in NY received a loan of $60,000,000 over 3 years ago. The brokers of the deal were Sarah Lagosh and James Cristofori

The office/medical facility located at 300 Third Avenue in Waltham, MA has undergone a closed property transaction. The property spans across 140,000 square feet and was involved in a construction loan.

Summary of transation details

  • Property Type: Office/Medical Facility
  • Transaction Amount: $60,000,000
  • Address: 300 Third Avenue, Waltham, MA
  • Market: Waltham, MA
  • Developer: Lincoln Property Company & Metlife Investment Management
  • Lender: Bank OZK
  • Loan Type: Construction Loan
  • Brokers: James Cristofori & Sarah LagoshEastdil Secured

The closed property transaction was facilitated by James Cristofori and Sarah Lagosh from Eastdil Secured.

View Related

Deals
  • Location
    300 3rd Ave, Waltham, MA 02451, USA300 3rd Ave, Waltham, MA 02451, USA
  • Loan Value
    $60,000,000$60,000,000
  • Asset Type
    OfficeOffice
  • Parties
    2 Brokers, 1 Agency, 1 Lender2 Brokers, 1 Agency, 1 Lender

Agents

James Cristofori

James Cristofori

Deals1
Financed$60M

Sarah Lagosh

Sarah Lagosh

Deals1
Financed$60M

Agency

Eastdil Secured

Eastdil Secured

Agency
Deals187
Volume$58.2B

Bank OZK

Bank OZK

Lender
Deals77
Volume$ 338.9B

Deal Summary

LOAN IMAGE: James Cristofori DATE: 07/24/2020 ADDRESS: 300 Third Avenue MARKET: Waltham, MA ASSET TYPE: Office/Medical Facility SF: 140,000 LOAN AMOUNT: $60,000,000 DEVELOPER: Lincoln Property Company & Metlife Investment Management LENDER: Bank OZK LOAN TYPE: Construction Loan BROKERS: James Cristofori & Sarah Lagosh – Eastdil Secured

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300 Third Avenue

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