FINANCED
KKR Provides $381M Construction Loan For Industrial Property In Hunts Point, NY
980 East 149th Street
Industrial
1,300,000 SF
1,300,000 SF
Summary
Loan
NEW YORK
Industrial
1,300,000 sqft
Located in Hunts Point, the industrial property at 980 East 149th Street recently underwent a closed transaction. The property spans approximately 1,300,000 square feet, making it a substantial asset in the area. The deal was facilitated by brokers Christopher Peck, Andrew Scandalios, Peter Rotchford, and Tyler Peck LL.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $381,000,000
- Address: 980 East 149th Street
- Market: Hunts Point
- Asset Size: 1,300,000 square feet
- Lender: kkr''>KKR
- Landlord: Turnbridge Equities & Dune Real Estate Partners LP
- Brokers: Christopher Peck, Andrew Scandalios, Peter Rotchford, and Tyler Peck LL
- Loan Type: Construction Loan
The financing for this transaction was provided by KKR, a notable lender in the industry. Turnbridge Equities and Dune Real Estate Partners LP acted as the landlords in this deal. The loan amount secured for the property was $381,000,000, specifically tailored as a construction loan for the development.
Read LessPlayers
All
6
Agents
4
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Andrew Joblon, Andrew Scandalios, Matt Salem, Peter Rotchford, Daniel M. Neidich, Tyler Peck & Christopher Peck
DATE: 08/2021
ADDRESS: 980 East 149th Street
MARKET: Hunts Point
ASSET TYPE: Industrial ~ SF: 1,300,000
LENDER: KKR
LANDLORD: Turnbridge Equities & Dune Real Estate Partners LP
BROKERS: Christopher Peck, Andrew Scandalios, Peter Rotchford & Tyler Peck - @JLL
LOAN AMOUNT: $381,000,000
LOAN TYPE: Construction LoanView on map
Loading...
Address980 East 149th Street
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want