By Emily Fu for Commercial Observer
“The Buccini/Pollin Group has landed an $85 million loan to refinance WSFS Bank Center, an approximately 371,000-square-foot office property in Wilmington, Del., Commercial Observer can first report.
3650 REIT provided the loan, which originated from the firm’s Stable Cash Flow investment platform and carries a term of 10 years. David Strongwater and Tal Bar-or of Lantern Real Estate arranged the financing.
Located at 500 Delaware Avenue in Wilmington, the property was developed by Buccini/Pollin in 2006. It serves as WSFS Bank’s corporate headquarters…”