Mid Atlantic Real Estate Journal — March 30 - April 12, 2012 — 3A
M ID A TLANTIC R EAL E STATE J OURNAL Birnbaum & Levine negotiate the 1.264m s/f transaction Meridian Capital arranges $127 million in financing N EW YORK , NY — Meridian Capi- tal Group, LLC, a
They wrote the policy.
We make sure they write the check.
chase and features a highly competitive Interest rate. The proceeds of the loan were used to refinance the property’s existing CMBS financing. Meridian execu- tive vice president, Aaron Birnbaum, and managing director, Ronnie Levine, both based in the company’s New York City headquar- ters, negotiated the trans- action. The 45-story, 1,264,000 s/f office tower is located in downtown cleveland at 200 Public Square, where it occupies the full block be- tween superior and euclid avenues at Fifth Street. The property spans 2.75 Acres and features an eight-story atrium and 757-space adjacent parking Facility. ■
commercial real estate finance and a d v i s o r y firm, nego- tiated $127 million in mo r t g a g e f i nanc i ng On behalf of harbor group inter- national for its class-a office build- ing located at 200 pub- lic Square in Cl eve - land, Ohio.
M. MILLER & SON Public Adjusters Since 1960
1211 Liberty Ave., Hillside, NJ 07205 ● Tel: 908-355-4800 email@example.com ● www.mmillerson.com
The 10-year cmbs loan was provided by j.P. Morgan
Recent Financings Arranged By Meridian Capital Group
200 Public Square
Re-Imagining, Repurposing, and Revenue . . .
number of dental chairs in- creases, thereby offering more revenue to fund additional phases. Phases four and five include projects that can fol- low any sequence as funding becomes available. At the end continued from page 2A
of ten years, the number of chairs will have increased by 26 percent. The added chairs make it possible to meet the school’s ultimate goal of increasing stu- dent enrollment by 20 percent. Darrell Kratzer,AIA, LEED
APBD+C, is an architect and principal with Buell Kratzer Powell Architects. He and the firmbalance pragmatism with creativity to design ar- chitecture that is both use- ful and timeless. ■
Hunters Glen 1,124 Units $49,000,000 Delran, NJ
Steward’s Crossing 241 Units $27,200,000 Princeton, NJ
RARE DEVELOPMENT OPPORTUNITY $4.5 Million ∙ 33 Acres
West Creek Village 306 Units $16,000,000 Elkton, MD
Woods at Narraticon 150 Units $16,950,000 Deptford, NJ
For More Information Please Contact:
3801 Penn Ave Sinking Spring, PA
The subject property located in Sinking Spring PA (just minutes from Reading, PA) is 33 acres of land and is pre-approved for a three story, 55+, independent living facility with 130 units and 20 more in the future, and 80 townhouse units. Ready to develop. Public Water & sewer.
)RXQGHGLQ0HULGLDQ&DSLWDO*URXS//&LVRQHRIWKHQDWLRQâV ODUJHVWFRPPHUFLDOUHDOHVWDWHðQDQFHDQGDGYLVRU\ðUPV:RUNLQJZLWK DEURDGDUUD\RIFDSLWDOSURYLGHUV0HULGLDQDUUDQJHVðQDQFLQJIRU WUDQVDFWLRQVRIDOOVL]HVDQGSURSHUW\W\SHVLQFOXGLQJ ÷0XOWLIDPLO\ ÷&R2S ÷2IILFH ÷+RVSLWDOLW\ ÷+HDOWKFDUH ÷6WXGHQW+RXVLQJ ÷6HQLRU+RXVLQJ ÷6HOI6WRUDJH ÷&RQVWUXFWLRQ ÷5HWDLO ÷0L[HG8VH ÷,QGXVWULDO 3OHDVHFRQWDFW,VUDHO6FKXEHUWDWWROHDUQPRUHDERXW 0HULGLDQâVXQLTXHDSSURDFKDQGWRGLVFXVV\RXUðQDQFLQJQHHGV
Eddy Peng, CCIM, CIPS RE/MAX of Reading Office: (610) 670-2770 x3078 Cell: (610) 223-0567 Email: EddyPeng2@verizon.net
Made with FlippingBook flipbook maker