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FINANCED

Workspace Property Trust, Gic, And Mason Capital Secure $142.1M Acquisition Loan In Lincolnshire

3 north overlook point

Office
1,000,000 SF
clock iconFinanced 1 year ago
Dustin Stolly
Jordan (Jordy) Roeschlaub
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Summary

Loan
ILLINOIS
Office
1,000,000 sqft

The property involved in this closed transaction is an office building located at 3 North Overlook Point in Lincolnshire. The property spans approximately 1,000,000 square feet and was acquired through an acquisition loan.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $142,100,000
  • Address: 3 North Overlook Point, Lincolnshire
  • Market: Lincolnshire

Workspace Property Trust, Gic, and Mason Capital are the landlords of the property. The landlords were represented by Tom Rizk, Lim Chow Kiat, and Jordan Bock respectively. On the other hand, UBS provided the loan for this transaction, with Ralph Hamers acting as the lender. The brokers responsible for the deal were Jordan (Jordy) Roeschlaub and Dustin Stolly from Newmark.

Players

  • All

    4

  • Agents

    2

  • Agencies

    1

  • Lenders

    1

Dustin Stolly's profile picture
Dustin Stolly
Newmark-image
Co-President, Debt & Structured Finance
$5.1B Sold

Details

Deal Summary
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FINANCED
IMAGE: Jordan Bock, Lim Chow Kiat, Jordan Roeschlaub, Tom Rizk, Dustin Stolly & Ralph Hamers DATE: 12/28/2022 ADDRESS: 3 North Overlook Point MARKET: Lincolnshire ASSET TYPE: Office ~ SF: 1,000,000 LANDLORD: Workspace Property Trust (@WorkspacePropertyTrust) - Tom Rizk; Gic (@Gicsg)- Lim Chow Kiat; Mason Capital - Jordan Bock LENDER: UBS - Ralph Hamers BROKERS: Jordan (Jordy) Roeschlaub (@JordyRoeschlaub) & Dustin Stolly - Newmark (@Newmark) LOAN AMOUNT: $142,100,000 LOAN TYPE: Acquisition Loan

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Address3 north overlook point

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