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Tishman Speyer has closed a $425 million green bond offering to refinance the recently-completed creative office development The JACX in Long Island City.

The JACX, which was completed in 2019 and is 100% leased, boasts 1.2 million square feet of office and retail space across two 26-story towers connected by a five-story base.  The building is the single largest addition to Long Island City’s office stock since the Citicorp Building opened in 1990.

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