GFP Real Estate and King Street Properties scored over $152 million in construction financing to build their new life sciences complex in Long Island City. The lender was Acore Capital, which provided the debt for InnoLabs at 45-18 Court Square, property records show. The Carlyle Group also appears to be a partner on the development, which will stand six stories and measure about 267,000 square feet. GFP and King Street announced earlier this month that
source https://therealdeal.com/2019/12/30/gfp-partnership-lands-152m-loan-to-build-lic-biotech-center/
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