1407 Broadway.
NEW YORK CITY – Shorenstein Properties, a real estate investmentmanagement firm, has locked down a $350 million Barclays loan tofinance a leasehold at 1407 Broadway, a 43-story property spanning1.1 million square feet on Broadway between 38th and 39th Streets.Jones Lang LaSalle arranged the transaction.
Bordering Times Square, Bryant Park and Hudson Yards, theproperty features loft-like spaces with flexible floorplans rangingfrom 14,000 to 55,000 square feet and 12-foot ceilings, as well asmultiple outdoor spaces for tenants, including outdoor seating onthe Broadway streetscape.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Mariah Brown
Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.
