CBRE Secures $57 Million Refinancing Loan For Brook Highland Plaza In Birmingham AL

Brook Highland Plaza is a retail center located at 5291 United States Highway 280 in Birmingham, AL. The asset spans 422,337 square feet and has a loan amount of $57,000,000 associated with refinancing.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $57,000,000
• Market: Birmingham, AL
• Landlord: First National Realty Partners
• Borrower: First National Realty Partners
• Loan Type: Refinance
• Leased Percentage: 94.4%
• Notable Tenants: Sprouts and Best Buy
• Brokers: Richard Henry, Mike Ryan, Brian Linnihan & Taylor Crowder - CBRE

The refinancing loan for Brook Highland Plaza was arranged by CBRE’s Atlanta Debt & Structured Finance team through an undisclosed life insurance company, highlighting the collaboration and expertise of the brokers involved in this deal.