Congrats to Josh on closing a refi for Terminal Logistics Center, the first multi-level Class-A industrial space on the East Coast! Thank you for choosing March as your construction manager for this incredible project and sharing these awesome new photos, below. #warehousing #queens #multilevel #distribution #nycconstruction #realestatedevelopment #nyc
Excited to close a $85 million refi and turn the corner to the stabilized phase of this game changing development project we started in 2017. Great closing execution with Chad Jones LoanCore Capital and Max Herzog IPA Capital Markets and our partner Michael Lohr Goldman Sachs. Triangle Equities https://lnkd.in/eTJghsHH Developer Triangle Equities and its partner Goldman Sachs Urban Investment Group have secured $85 million to refinance a Terminal Logistics Center, a Class A industrial space in Queens, Commercial Observer has learned. LoanCore Capital provided the $85 million refinancing, while IPA Capital Markets — a subsidiary division of broker Marcus & Millichap (MMI) — arranged the financing. The IPA Capital Markets team was led by Max Herzog, Marko Kazanjian, Max Hulsh and Andrew Cohen.
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