{"id":1004169899,"date":"2017-03-20T10:39:30","date_gmt":"2017-03-20T18:39:30","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004169899"},"modified":"2022-12-08T07:01:26","modified_gmt":"2022-12-08T15:01:26","slug":"transwestern-arranges-financing-for-boston-landing-component","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/transwestern-arranges-financing-for-boston-landing-component\/","title":{"rendered":"Transwestern Arranges Financing for Boston Landing Component"},"content":{"rendered":"

By Bogdan Odagescu, Associate Editor<\/em><\/p>\n

\"80<\/a>

80 Guest Street in Brighton, Mass.<\/p><\/div>\n

Boston<\/strong>\u2014Transwestern arranged a short-term construction loan on behalf of NB Development Group for 80 Guest St. in Brighton, Mass., a part of New Balance\u2019s $500 million Boston Landing mixed-use development. The financing, which was arranged through a syndication between U.S. Bank and TD Bank, will be used for the remaining construction on the property’s\u00a0265,000-square-foot office and laboratory section. The building also includes the Warrior Ice Arena, which serves as Boston Bruins\u2019 new training and practice facility<\/a>.<\/p>\n

In order to secure the deal, Chris Skeffington and Andrew Stone of Transwestern worked alongside NB Development Group\u2019s Managing Director Jim Halliday and New Balance\u2019s Treasurer Kevin Doyle.<\/p>\n

Boston Landing, which received Boston Redevelopment Authority\u2019s green light in mid-2012<\/a>, is the result of a joint venture<\/a>\u00a0of\u00a0NB Development Group, New Balance\u2019s real estate investment and development arm and HYM. Adjacent to\u00a0New Balance\u2019s LEED Platinum-certified<\/a>, 250,000-square-foot headquarters, the massive project will soon be serviced by a new commuter rail station.<\/p>\n

Boston Landing includes three office\/lab buildings, a 175-key hotel, a 295-unit residential building, 80,000 square feet of retail, the hockey arena, a 70,000-square-foot basketball facility, a track and field sports center and 1.4 acres of landscaped open space. Transwestern also handles the development\u2019s leasing and management.<\/p>\n

Image courtesy of Transwestern<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The financing will be used for remaining construction at 80 Guest St.\u2019s 265,000-square-foot office and laboratory section.<\/p>\n","protected":false},"author":740,"featured_media":1004507871,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1490,21782,21825,21742,10,21747],"tags":[34510,34509,34506,34507,34508,33313],"class_list":["post-1004169899","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-boston","category-development","category-finance","category-latest","category-northeast","category-office","tag-80-guest-street","tag-boston-landing","tag-nb-development-group","tag-new-balance-athletic-shoe-inc","tag-new-balance-world-headquarters","tag-transwestern"],"acf":[],"yoast_head":"\nTranswestern Arranges Financing for Boston Landing Component - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/transwestern-arranges-financing-for-boston-landing-component\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Transwestern Arranges Financing for Boston Landing Component\" \/>\n<meta property=\"og:description\" content=\"The financing will be used for remaining construction at 80 Guest St.\u2019s 265,000-square-foot office and laboratory section.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/transwestern-arranges-financing-for-boston-landing-component\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-20T18:39:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T15:01:26+00:00\" \/>\n<meta name=\"author\" content=\"Bogdan Odagescu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/80-Guest-Street.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/transwestern-arranges-financing-for-boston-landing-component\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/transwestern-arranges-financing-for-boston-landing-component\/\",\"name\":\"Transwestern Arranges Financing for Boston Landing Component - 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