Thor Equities Secures $92M Refi in Brooklyn
- Nov 18, 2019
Thor Equities has received a $92.2 million refinancing for 180 Livingston St. in Brooklyn. MetLife provided the loan, which paid off a $90 million prior debt financed by TPG Capital, Yardi Matrix data shows.
The six-story asset includes 267,226 square feet of office and retail space. It was originally completed in 1900 and previously served as an industrial building until its conversion to office in 2001. Notable tenants include the New York City Transit Authority, Helen Keller Services, Brooklyn Defender Services, The New York Foundling Hospital, Tiny Steps and Dallas BBQ.
Located in the borough’s downtown area, the property sits within walking distance of 13 subway lines, 16 bus lines and the Long Island Rail Road. Fulton Mall is one block away, while MetroTechCenter and a wide array of educational institutions and government agencies including Brooklyn Law School are nearby.
Earlier this month, Thor Equities signed a retail lease in Manhattan’s Plaza District.