Outside the Region: Heiss of Largo Canada secures $40 million for class A St. John’s office building

St. John’s, NL Kevin Heiss, managing director of Largo’s Canadian operations, secured $40 million in financing for a class A office building located downtown. The subject comprises of 188,170 s/f and has been 100% occupied for over 15 years by credit tenants, Bell Aliant and Johnson Insurance, a subsidiary of RSA Insurance.

Heiss arranged a 3-year, fixed rate, interest only loan on behalf of the borrower.

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