FINANCED
MichaelShvo, Deutsche Finance America Acquires Office Building In South Loop, Chicago For $240M Loan From AIG And Goldman Sachs
333 South Wabash Avenue
Office
1,299,990 SF
1,299,990 SF
Summary
Loan
NEW JERSEY
Office
1,299,990 sqft
The office property located at 333 South Wabash Ave in the South Loop of Chicago has been involved in a closed transaction. The property encompasses approximately 1,299,990 square feet and belongs to @MichaelShvo, @SHVO, and Deutsche Finance America. The transaction took place on 08/12/2020.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Market: South Loop, Chicago
- Asset Type: Office
- Square Footage: 1,299,990
The loan for this transaction was provided by AIG and Goldman Sachs. The loan amount was $240,000,000, and the terms of the loan were set for 8 years with an interest-only payment structure. The brokers who facilitated this deal were David Sitt, Mike Tepedino, Keith Largay, and Bob Tonnessen from JLL.
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FINANCED
IMAGE: Mike Tepedino, David Sitt, @MichaelShvo, Keith Largay, Bob Tonnessen & Jason Lucas
DATE: 08/12/2020
ADDRESS: 333 South Wabash Ave
MARKET: South Loop, Chicago
ASSET TYPE: Office
SF: 1,299,990
LENDER: AIG & Goldman Sachs
LANDLORD: @MichaelShvo @SHVO & Deutsche Finance America
BROKERS: David Sitt (@DavidSitt88), Mike Tepedino, Keith Largay & Bob Tonnessen - JLL
LOAN AMOUNT: $240,000,000
LOAN TERMS: 8 year, interest-onlyView on map
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Address333 South Wabash Avenue
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