HANOVER TOWNSHIP, NJ—Less than a month after the groundbreaking, Cushman & Wakefield says its Equity, Debt & Structured Finance group will arrange the construction financing for MetLife Investment's new global headquarters at 67 Whippany Road in the Whippany section of Hanover Township, NJ, a 184,960-square-foot, build-to-suit, class-A office.

John Alascio, David Bernhaut, Alexander Hernandez, John Spreitzer, and Suraj Ravi of Cushman & Wakefield's Equity, Debt & Structured Finance group have been assigned to arrange the financing on behalf of 67 Whippany Investors, LLC, a joint venture compromising affiliates of Vision Real Estate Partners and Rubenstein Partners, which is developing the 100 percent triple-net pre-leased property.

“We are thrilled to arrange the construction financing for this suburb corporate headquarters, which will house one of the premier financial firm and revolutionize workplace standards,” says Alascio. “The long-term lease duration and highly experienced co-development team make for a seamless financing arrangement.”

As previously reported by GlobeSt.com, the facility – designed to sustainability standards for LEED Gold Core and Shell and LEED Platinum interiors – will feature amenities that will include a fitness center, employee food court with indoor and outdoor seating, and a café. In promoting a transparent workplace, the facility will also include an open floor plan with breakout rooms and a town hall.

Instant Insights /

Cushman & Wakefield Arranging MetLife HQ Construction Financing

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