Financing
Atlas Capital lands Refi for 30-30 47th Avenue in LIC
Published on
30-30 47th Avenue (Credit: Atlas Capital Group)
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]
