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BXP, Inc. announced the successful closing of a $1.2 billion construction loan, for 343 Madison Avenue. Located directly adjacent to Grand Central Terminal, 343 Madison is designed to set a new standard for the premier workplace through exceptional design, sustainability and connectivity. This financing reflects the strength of our project, our long-standing capital markets relationships and continued confidence in premier workplaces in the world's leading business districts. "We are pleased to complete this financing, which reflects the quality of 343 Madison Avenue, continued confidence in BXP's development platform, and our ability to secure attractive financing terms in today's market. This transaction advances one of our most compelling value-creation opportunities, strengthens our financial flexibility, and supports our strategy to deliver long-term value for our shareholders.” said Mike LaBelle https://lnkd.in/gYzNhye6