99 Madison Avenue, Manhattan,NY |
NEW YORK,
NY, June 11, 2015 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that
it has arranged a $25 million refinancing for 99 Madison Avenue, a 124,382-square-foot office building in
Manhattan.
Working on
behalf of the borrower, Windsor Management, HFF placed the 15-year, fixed-rate
loan with Voya Investment Management.
99 Madison
Avenue is located on the corner of East 29th and Madison Streets in Manhattan’s
Midtown South office market.
Originally
built in 1915, the property features ground floor retail space with offices
situated on the floors above. 99 Madison
is fully leased to 12 tenants, the largest of which is HAB Bank, who leases all
of the retail space and two floors of office space.
The HFF debt
placement team representing the borrower was led by managing directors Steven Klein and Jonathan Rosner.
For a
complete copy of the company’s news release, please contact:
Kristen M.
Murphy
Associate
Director
HFF | One
Post Office Square, Suite 3500 | Boston, MA 02109
Main:
617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com
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