Citigroup is preparing $1.45 billion of commercial mortgage bonds backed by two buildings that it leases in lower Manhattan.

The deal, Citigroup Commercial Mortgage Trust 2014-388G, is secured by the fee interest in 388 and 390 Greenwich Street, two adjoined class A office buildings comprising 2.6 million square feet in the TriBeCa neighborhood, according to a presale report published by Standard & Poor’s. The buildings are 100% leased by Citigroup Technology and guaranteed by its parent, Citigroup.

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