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The office tower will be fully leased by global pharmaceutical and healthcare products distribution firm AmerisourceBergen. The office complex will serve as the global headquarters for the company.
Running up to the year-end, many retail investors are thinking about gleaning insights to optimize their store counts and address logistical challenges for an omni-channel retail platform.
PGIM Real Estate Finance arranged the $150 million refinancing for Greenwich Plaza, a two-building office complex located in the central business district of Greenwich, Connecticut.
The renovated and expanded building will feature floor plates of 15,295 rentable square feet and will total 93,535 rentable square feet in total when completed.
Upon their acquisition of the Ballantine Industrial Center, Turnbridge and their investment partners immediately began a capital improvement program of more than $10 million aimed at creating a modern and flexible industrial property.
The firm, which offers cutting-edge workout bikes for indoor cycling as well as other fitness related instruments, has taken occupancy of the space and is utilizing its new facility as a warehouse/distribution and fulfillment center.