The Real Deal New York

Port Washington industrial building refinanced with $22.9M mortgage

November 12, 2018 12:11PM

Updated, Wednesday, Nov. 14 at 11:44 a.m.: A 135,000-square-foot industrial building in Port Washington has been refinanced with a $22.9 million loan, according to LIBN. Meridian Capital Group arranged the seven-year mortgage. The building, owned by BEB Capital, which was launched a year ago by the Brodsky family, hosts tenants such as kitchen and bathroom fixture maker Kraus USA, uniform maker Cintas and Milanese eyewear company Luxottica. The financing was put together by Bryan Kallenberg of Meridian Capital, who brokered the mortgage with a portfolio lender. [LIBN]

Correction: An earlier version of this Cheat Sheet misidentified BEB Capital’s role in the Port Washington refinancing. BEB Capital owns the property.