FINANCED
Natixis Corporate & Investment Banking Provides $162.5M Loan For Office Building In Philadelphia
1600 Market Street
Office
825,968 SF
825,968 SF
Financed 1 year ago
Summary
Loan
PENNSYLVANIA
Office
825,968 sqft
The property involved in this closed transaction is an office located at 1600 Market St. in Philadelphia. The office has a total square footage of 825,968. The deal was finalized on 02/16/2022.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $162,500,000
- Address: 1600 Market St.
- Market: Philadelphia
- Landlord: American Real Estate Partners
- Lender: Natixis Corporate & Investment Banking
- Brokers: Ryan Ade - JLL; Cary Abod - Abod Capital
The loan for this transaction was provided by Natixis Corporate & Investment Banking. It is a five-year, floating-rate loan.
Ryan Ade from JLL and Cary Abod from Abod Capital acted as the brokers in this deal, representing the respective parties involved.
Players
All
3
Agents
2
Agencies
1
Details
FINANCED
IMAGE: Ryan Ade
DATE: 02/16/2022
ADDRESS: 1600 Market St.
MARKET: Philadelphia
ASSET TYPE: Office ~ SF: 825,968
LENDER: Natixis Corporate & Investment Banking
LANDLORD: American Real Estate Partners
BROKERS: Ryan Ade - JLL; Cary Abod - Abod Capital
LOAN AMOUNT: $162,500,000
LOAN TERMS: five-year, floating-rate loanView on map
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Address1600 Market Street
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