Shorenstein Properties Secures $350M Loan For 1407 Broadway Office Building In Garment District | 1407 Broadway | Michael Gigliotti, Geoff Goldstein, Christopher (Chris) Peck | Office | Loan

Summary

Loan

NEW YORK

Office

45,170 sqft

The property involved in the transaction is located at 1407 Broadway in the Garment District. The asset type of the property is office, with a loan amount of $350,000,000. The property is owned by Shorenstein Properties and the lender for the transaction is Barclays.

Summary of transation details

Property Type: Office
Transaction Amount: $350,000,000
Address: 1407 Broadway
Market: Garment District
Landlord: Shorenstein Properties
Lender: Barclays

The brokers involved in the deal are Geoff Goldstein, Michael Gigliotti, and Christopher Peck from JLL Capital Markets.

Players

All
4

Agents
3
Agencies
1

Michael Gigliotti

Senior Managing Director, New York Office Co-Head

Geoff Goldstein

Senior Director

$70M Sold

Christopher (Chris) Peck

Senior Managing Director

$146.1M Sold

JLL

Details

Deal Summary

FINANCED

IMAGE: Geoff Goldstein, Christopher Peck & Brandon Shorenstein DATE: 10/04/2019 ADDRESS: 1407 Broadway MARKET: Garment District ASSET TYPE: Office LENDER: Barclays LANDLORD: Shorenstein Properties BROKERS: JLL Capital Markets – Geoff Goldstein, Michael Gigliotti & Christopher Peck LOAN AMOUNT: $350,000,000

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Address1407 Broadway

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