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The private real estate investmenyt and management firm is renegotiating leaseas with tenants at the same time it is tryingt to clear up debt issues withits lender. which lost ownership of the Hancock Tower after it defaulted on a has debt that matures this The financing in question is secured byseverapl properties, including the 980,000-square-foot Bay Broadway is in discussions with lender s to renegotiate the terms of the loan. Broadway was givebn an extension onthe loan, which was due earlierd this month, according to a sourc e with knowledge of the situation. However, the landlorfd renewed MultiPlan Inc.
, which leases 105,0612 square feet, and Matrix Partners, whichg leases 11,421 square feet, at the office complex. CB Richarf Ellis represented MultiPlan. DTZ/FHO Partnerws represented Broadway Partners and Matrix in theleasre negotiations. Broadway acquired Bay Colonyh from Beacon Capital Partners LLC in May 2007 as part of a largetr portfolioof assets. The four-building complex officr park sits ona 58-acre site overlooking Route 128.
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