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| 133 West 52nd Sreet condominiums, Midtown Manhattan, NY |
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| Andrew Scandalios |
NEW YORK, NY – Oct. 19,
2015 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has
arranged $33.745 million in financing for 133
West 52nd Street, a six-story commercial condominium in Midtown Manhattan.
Working on behalf of the
borrower, MRP Realty and Long Wharf Real Estate Partners LLC, HFF placed the
three-year, floating-rate loan with a mid-size bank. Loan proceeds were used to acquire the
property and have been allocated towards leasing available space.
133 West 52nd Street is a
newly-completed 55,744-square-foot commercial condominium located at the base
of a brand new, 46-story luxury condominium conversion.
The property, known as a
‘building within a building’ is comprised of six floors, with its ground floor
lobby adjacent to the residential lobby for 135 West 52nd Street and a retail
condominium soon to be occupied by BLT Steak restaurant.
This unique property will
be marketed to a wide variety of tenants from corporate users to creative
technology firms as well as retail, showroom, and medical office, and will
feature a baseline design allowing flexibility to accommodate a specific tenant
or group of tenant’s desired look and feel.
The property fronts 6 1/2
Avenue at 133 West 52nd Street and is situated between 6th and 7th Avenues in
Midtown close to Rockefeller Center, Central Park and Columbus Circle.
The HFF debt placement
team representing the borrower was led by senior managing director Andrew Scandalios and associate
director Christopher Peck.
For a complete copy of the company’s news release,
please contact:
Olivia Hennessey
Public Relations
Coordinator
HFF | 9 Greenway Plaza
Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax
713.527.8725 | www.hfflp.com
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