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| 35 West 36th Street, Garment District, Manhattan, NYC |
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| Steven Klein |
NEW YORK, NY –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has arranged a $25.5 million
refinancing for 35 West 36th Street,
a 79,750-square-foot office building in the Garment District of Manhattan.
HFF worked on behalf of
the borrower, a joint venture between Hidrock Properties and an institutional
investment partner, to secure the five-year, floating-rate loan through M&T
Bank.
Originally built in 1911,
35 West 36th Street is a 12-story building with 72,600 square feet of office
space and 7,150 square feet of ground floor retail. The fully-leased property has a diverse
tenant roster with no one tenant occupying more than 8.3 percent of the
building.
Situated mid-block between
5th and 6th Avenues in the Garment District, 35 West 36th Street is just blocks
from Herald Square and the Times Square, Grand Central and Midtown South
submarkets.
Public transport is available
via 18 subway lines, NJ Transit and LIRR, PATH, commuter bus lines and Metro
North lines, all within walking distance.
The HFF debt placement
team was led by managing director Steven
Klein and director Geoff Goldstein.
For a complete
copy of the company’s news release, please contact:
Kristen Murphy
Director, Marketing
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
tel 617.848.1572 | fax
617.338.2150 | www.hfflp.com
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