Cushman & Wakefield said Wednesday that it served as the exclusive adviser to Hana Financial Group Inc. in the procurement of $210.667 million for the refinancing of 800 Scudders Mill Road in Plainsboro, Novo Nordisk’s North American headquarters. The financing was provided by Deutsche Bank.
A Cushman & Wakefield Equity, Debt & Structured Finance team of John Alascio, Alexander Hernandez, Alex Lapidus and Meredith Donovan and Capital Markets team of Andy Merin, David Bernhaut and Frank DiTommaso represented Hana Financial Group.
“This asset is one of the highest-quality buildings in the market today, and the continued commitment by the tenant and institutional sponsorship created competitive market terms for the refinancing,” Alascio said.
800 Scudders Mill Road is an award-winning trophy asset consisting of nine interconnected buildings totaling 731,104 square feet. The property is situated on a 58-acre site within the prestigious Princeton Forrestal Center.
