The Carlyle Group Inc. (NasdaqGS:CG) and Botanic Properties LLC acquired 24-02 Queens Plaza South in Long Island City from Atlas Capital Group, LLC for $40 million on September 17, 2020. Christopher Peck, Steve Klein and Thomas Pryor of JLL negotiated the financing. JLL Capital Market provided financing of $24 million to Botanic Properties LLC through MSD Partners. Michael Dell of MSD Partners provided the fixed-rate debt. Brian Ezratty and Scott Ellard of Newmark Knight Frank acted as brokers to Atlas Capital. Bill Harvey of Newmark Knight Frank acted as broker to Botanic and Carlyle. Elise Wagner and Patrick Sullivan of Kramer Levin Naftalis & Frankel LLP acted as legal advisor to Botanic Properties. Scott Kobak of Simpson Thacher & Bartlett LLP acted as legal advisor to The Carlyle Group. The Carlyle Group Inc. (NasdaqGS:CG) and Botanic Properties LLC completed the acquisition of 24-02 Queens Plaza South in Long Island City from Atlas Capital Group, LLC on September 17, 2020.