Jones Lang LaSalle Secures $350M Loan for Shorenstein Properties in NYC
November 06, 2019
November 06, 2019
NEW YORK, Nov. 6 -- Jones Lang LaSalle issued the following news release:
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- Barclays provides floating-rate loan for Class A office property steps from Bryant Park
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JLL Capital Markets has successfully arranged a $350 million loan to finance the leasehold position of 1407 Broadway, a 43-story, 1.1 million-square-foot office building. The group worked on behalf of Shorenstein Properties LLC to place the five-year loan with Barclays.
* * *
- Barclays provides floating-rate loan for Class A office property steps from Bryant Park
* * *
JLL Capital Markets has successfully arranged a $350 million loan to finance the leasehold position of 1407 Broadway, a 43-story, 1.1 million-square-foot office building. The group worked on behalf of Shorenstein Properties LLC to place the five-year loan with Barclays.