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The real estate investment firm recapitalized the asset through an equity joint venture with Nan Fung Group and debt from Axonic Capital and Athene Annuity & Life Assurance Company.
Shorenstein Properties has locked down a $350 million Barclays loan to finance a leasehold at 1407 Broadway, a 43-story property in Midtown, Manhattan.
The funding will allow Channellock to build a 35,000-square-foot addition to the company's existing 64,427-square-foot manufacturing facility in Meadville.
One of the latest tenants at the property is Dunkin', which leased 1,802 square feet in a local relocation of an existing franchise. Bubbakoo Burritos also signed on for 1,695 square feet at the property.
Specifically, Senators Booker and Menendez asked Chao to explain why the Environmental Impact Statement for the Hudson River tunnel project has not been approved by DOT as yet, even though a draft EIS prepared by the Federal Railroad Administration and New Jersey Transit was published in June 2017.