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BXP's 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner
['Sasha Jones', 'New York City']
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The financing for 343 Madison Ave. was led by Wells Fargo, alongside Bank of America, Bank of New York Mellon Corp. and JPMorgan Chase, the developer announced Tuesday.
Photo credit: Courtesy of Volley Studio A rendering of 343 Madison Ave., on which BXP is immediately starting vertical construction.
Investment and insurance company Starr is set to anchor 343 Madison, initially signing a 275K SF deal in January.
Photo credit: Courtesy of Volley Studio A rendering of BXP's 343 Madison Ave.
Of those underway, 343 Madison is the largest, scheduled for completion in late 2029.