Newmark Group Inc. Arranges $435 Million Refinancing for Iconic Starbucks Center in Seattle's SoDo District
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Newmark Group, Inc. has arranged a $435 million refinancing for the Starbucks Center in Seattle's SoDo District, in collaboration with Deutsche Bank. This refinancing supports the 1.49 million-square-foot office property, which has been Starbucks' headquarters since 1993. Starbucks has extended its lease for 20 years, committing to the property through 2038 and investing over $300 million in it.
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