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Brokerage
Posted: December 17, 2019
Thor Equities refinances 267,226 s/f property; $92.2 million financing provided by MetLife
Brooklyn, NY Thor Equities Group has refinanced 180 Livingston St. for $92.2 million, according to company executives.
Acquired by Thor Equities in 2015, 180 Livingston St. features 267,226 s/f of office and retail space. Nearly 100% occupied, tenants at the six-story property include the New York City Transit Authority, Helen Keller Services, Brooklyn Defender Services, The New York Foundling Hospital, Tiny Steps, and Dallas BBQ.
“We are proud to have successfully leased 180 Livingston to a variety of outstanding tenants and brought value to both the building and dynamic neighborhood,” said chairman of Thor Equities Group, Joe Sitt. “This transaction signifies our belief in the strength of downtown Brooklyn, and we look forward to what is next for this asset.”
The financing was provided by MetLife.
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