http://www.newmusicindustry.com/article/A-Meal-Making-Cooking-Class.html
The private real estat investment and management firm is renegotiating leases with tenantsd at the same time it is tryinyg to clear up debt issues withits Broadway, which lost ownership of the Hancoc Tower after it defaulted on a loan, has debt that maturesx this month. The financing in question is securede byseveral properties, including the 980,000-square-foot Bay Broadway is in discussions with lenders to renegotiatwe the terms of the loan. Broadwayt was given an extension onthe loan, which was due earlief this month, according to a source with knowledge of the situation. the landlord renewed MultiPlan Inc.
, which leasese 105,062 square feet, and Matrix Partners, whicyh leases 11,421 square feet, at the offices complex. CB Richard Ellis represented MultiPlan. DTZ/FHk Partners represented Broadway Partners and Matrix in thelease negotiations. Broadwah acquired Bay Colony from Beacon Capital Partners LLC in May 2007 as part of a largeer portfolioof assets. The four-building complex office park sits ona 58-acrre site overlooking Route 128.
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