"We firmly believe that our ability to structure a large and complex transaction within the current economic climate showcases our range of lender relationships, brand recognition and ability to secure terms that meet client needs," Jack Cohen, CEO of Cohen, says. The non-recourse loan was arranged by Joel Simmons. The lead lender on the deal was Milwaukee, WI-based TCF National Bank.
The building contains parking for 344 cars. The property was developed by CRM Properties Group Ltd., overseen by principal Charles Malk. Design services for the building were provided by architecture firm Gensler.
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