AIG funds $51M refinancing of Matsil Building in LIC
Share North River Company (NRC) and North Colony Asset Management (NC) have refinanced the Matsil Building in Long Island City with a $51 million loan from affiliates of AIG. Cushman & Wakefield served as the exclusive advisor to a joint venture owners is securing the fixed rate financing for the 312,513 s/f industrial property that is fully leased to Maquette Fine Art Services, Ralph Lauren Corporation and Motorola Solutions and features an adjacent half-acre parking lot and direct interior loading docks. NRC and North Colony bought the one-time factory building from Metropolitan Realty...
Source: rew-online.com