Loan Acquired For Six-Story Office & Retail Conversion At 455 Jefferson Street, Bushwick

455 Jefferson Street, image via teaser site455 Jefferson Street, image via teaser site

Late last month, YIMBY brought you news of the mixed-use commercial conversion of the six-story former warehouse at 455 Jefferson Street, in northern Bushwick. Now, Dallas-based Lincoln Property Company and Boston-based Alcion Ventures have secured a $51.2 million loan for the project, according to Commercial Observer. The building will have offices on every floor and retail space at street level, which will total 122,697 square feet in rentable space. Work began last month, and completion is expected next June.

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