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Stamford Office Complex Garners $133M Refi
Newmark, on behalf of A.M. Property Corp. and Northeast Capital Group, arranged a $133-million loan to refinance 200 Elm St., a/k/a The Link, a Class A trophy office complex located in downtown Stamford, CT. The financing was secured by a team led by co-head of global debt & structured finance Jordan Roeschlaub and vice chairmen Nick Scribani and Chris Kramer. Deutsche Bank and Urban Standard provided the funding.
Originally built in 1984, The Link recently underwent a $50-million renovation. It included a reimagined lobby, modernized elevators and upgraded common areas. Nearly 400,000 square feet of new leases and renewals have been completed in the past 24 months. Currently 92% leased, The Link is home to a tenant roster that includes Indeed, Deloitte, Henkel, and Diageo.
Positioned adjacent to I-95, The Link offers convenient access to Downtown Stamford’s rapidly expanding residential base. More than 7,000 new apartments have been delivered across Downtown Stamford and Harbor Point since 2014.
- ◦Financing
