https://pattersonreag.com/wp-content/uploads/2021/10/Discovery-Commerce-Ctrs-4-photos.jpg 409 638 Suzanne Holman https://pattersonreag.com/wp-content/uploads/2022/09/Patterson_logo_padding2.jpg Suzanne Holman2021-10-25 10:37:132021-10-25 10:37:13Patterson Arranges Financing for Two Office Assets in the Southeast
Patterson Arranges Financing for Two Office Assets in the Southeast
Albany Road Real Estate Partners, with the assistance of its capital advisor, Patterson Real Estate Advisory Group, closed on two separate office assets in the Southeast this summer. Discovery Center, a two-building, 166,000 SF suburban office portfolio, is located in the high growth market of Huntsville, Alabama. Commerce Center is a 99% leased, 239,000 SF office property in Nashville’s Airport North submarket. Patterson arranged debt financing with First Horizon for the acquisition of Discovery Center in Huntsville, and bridge financing with MetLife for the refinancing of Commerce Center.