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Atlas Capital lands Refi for 30-30 47th Avenue in LIC

Atlas Capital Group, Invesco, and Partners Group have secured a $300 million loan from Credit Suisse to refinance their office building at 30-30 47th Avenue in Long Island City, CO first reported. The loft style, 10-story building spans 1.1 million square feet, and boasts large floor sizes of around 150,000 SF. 

  • Financing details: The new loan retires nearly $160 million in debt provided by Blackstone Mortgage Trust in 2016.
  • Office tenants at the former furniture warehouse include: Macy’s (94,000 SF), J.Crew, Polo Ralph Lauren, Madewell, and local government offices. [CO]

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