aleksanovlsys.blogspot.com
The five-year, fixed-rate loan was used to pay off a portiohn of anexisting $507.1 million construction with BioMed paying off the remaining balance using an unsecurex line of credit. The new mortgagre has an interest rateof 7.75 percent and is due in June 2014. Accordinvg to a statement from BioMed, the new loan addressezs the “last of BioMed’s debt maturities in The loan was providedby , and AG. arrangeed the loan on behalf of BioMed RealtyTrustr (NYSE: BMR), a real estate investment trus based in San Diego, Calif. The 18-story lab and officre building is located in the Longwood Medicalk and Academic Area and is leasedcto , , , and a Japanese pharmaceutical company.
The property also includes a 750-space underground parking garage. BioMed Realty Trust owns or has interests in69 properties, representing 112 buildings with approximatel 10.5 million rentable square feet, including approximately 640,000 squar feet of development in progress.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment