FINANCED
CBRE Acquires Hudson Square Dev Site With Wells Fargo, TD Bank, And JPMorgan Financing
550 Washington Street
Development Site
1,300,000 SF
1,300,000 SF
Financed 1 year ago
Summary
Loan
NATIONAL
Development Site
1,300,000 sqft
A development site located at 550 Washington St in Hudson Square was recently involved in a closed property transaction. The property spans a total square footage of 1,300,000 and was acquired by the landlords Oxford Properties and Canadian Pension Plan Investment Board. The deal was facilitated by brokers P.J. Finley, James Millon, and Tom Traynor from CBRE. The transaction took place on 05/04/2020 and involved a loan amount of $972,600,000. The lenders involved in the deal were Wells Fargo, TD Bank, and JPMorgan.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $972,600,000
- Address: 550 Washington St
- Market: Hudson Square
Notable individuals and companies involved in the deal include James Millon, Michael Turner, Jamie Dimon, and Tom Traynor. They played significant roles in representing the buyers, sellers, and lenders throughout the transaction.
Players
All
4
Agents
3
Agencies
1
Details
FINANCED
IMAGE: James Millon, Michael Turner, Jamie Dimon & Tom Traynor
DATE: 05/04/2020
ADDRESS: 550 Washington St
MARKET: Hudson Square
ASSET TYPE: Dev Site
LENDER: @WellsFargo, @TDBank_US & @JPMorgan
LANDLORD: Oxford Properties & Canadian Pension Plan Investment Board
BROKERS: P.J. Finley, James Millon & Tom Traynor @CBRE
LOAN AMOUNT: $972,600,000
BSF: 1,300,000View on map
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Address550 Washington Street
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