Financing for Theo Fremd Office Complex in Rye
Real Estate Weekly is reporting a nearly $30M "acquisition loan" for one of the office buildings on Theodore Fremd. The building traded ownership in 2011. The Real Estate Weekly report was unclear on who the current owner is.
"$30M loan for Rye International Center
Marcus & Millichap Capital Corp. (MMCC) has arranged a $29,625,000 acquisition loan for International Corporate Center, a Class A office building in Rye, N.Y.
Located at 555 Theodore Fremd Ave., the 168,499 s/f property was developed in 1990.
Christopher Marks, an originator in the Manhattan office of Marcus & Millichap Capital Corp., arranged the financing."
Full Real Estate Weekly story.
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