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Shorenstein Properties Secures $350M Loan For 1407 Broadway Office Building In Garment District

1407 Broadway
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This Office property located in NY received a loan of $350,000,000 over 4 years ago. The brokers of the deal were Geoff Goldstein, Michael Gigliotti, and Christopher (Chris) Peck

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.

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Deals
  • Location
    1407 Broadway, New York, NY 10018, USA1407 Broadway, New York, NY 10018, USA
  • Loan Value
    $350,000,000$350,000,000
  • Asset Type
    OfficeOffice
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Michael Gigliotti

Michael Gigliotti

Deals13
Financed$2.2B

Geoff Goldstein

Geoff Goldstein

Deals39
Financed$6B

Christopher (Chris) Peck

Christopher (Chris) Peck

Deals36
Financed$5.7B

Agency

JLL

JLL

Agency
Deals5579
Volume$332.6B

Deal Summary

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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