FINANCED
Wells Fargo Provides $150M Refinance Loan For Office Building In Downtown Brooklyn
1 MetroTech Center
Office
985,000 SF
985,000 SF
Financed 1 year ago
Summary
Loan
NEW YORK
Office
985,000 sqft
Summary of Transaction Details
- Property Type: Office
- Transaction Amount: $150,000,000
- Address: 1 MetroTech Center, Downtown Brooklyn
- Market: Downtown Brooklyn
- Square Footage: 985,000 SF
The recently closed property transaction involved an office space located at 1 MetroTech Center in Downtown Brooklyn. The property spans approximately 985,000 square feet and is situated in the thriving market of Downtown Brooklyn.
The lender responsible for providing the loan for this transaction was Wells Fargo, with Charlie Scharf representing the institution. The loan amount was $150,000,000, and it was classified as a refinancing loan. The landlord of the property is Brookfield Property Group, represented by Ben Brown. The brokers who facilitated the deal were Jordan Roeschlaub and Dustin Stolly from Newmark.
Players
All
4
Agents
2
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Jordan Roeschlaub, Dustin Stolly, Ben Brown & Charlie Scharf
DATE: 04/04/2022
ADDRESS: 1 MetroTech Center
MARKET: Downtown Brooklyn
ASSET TYPE: Office ~ SF: 985,000
LENDER: Wells Fargo (@WellsFargo) - Charlie Scharf
LANDLORD: Brookfield Property Group (@BrookFieldProperties) - Ben Brown
BROKERS: Jordan Roeschlaub (@JordyRoeschlaub) & Dustin Stolly - Newmark (@Newmark)
LOAN AMOUNT: $150,000,000
LOAN TYPE: RefinanceView on map
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Address1 MetroTech Center
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