Credit Suisse Provides $350 Million Floating-Rate Loan For Office Portfolio In Oak Brook, Rosemont, Warrenville, Kennesaw, Alpharetta & Atlanta
1420-1520 Kensington Road, 5600 North River Road, 9450 West Bryn Mawr Avenue, 28100 Torch Parkway, 1701 Barrett Lakes Boulevard, 30000 Mill Creek Avenue, 125-500 TownPark Drive, 1000 Parkwood Circle & 1600 Parkwood Circle
Summary
The office properties located at 1420-1520 Kensington Road, 5600 North River Road, 9450 West Bryn Mawr Avenue, 28100 Torch Parkway, 1701 Barrett Lakes Boulevard, 30000 Mill Creek Avenue, 125-500 TownPark Drive, 1000 Parkwood Circle, and 1600 Parkwood Circle have recently been involved in a loan transaction. The properties are situated in Oak Brook, Rosemont, Warrenville, Kennesaw, Alpharetta, and Atlanta.
Summary of transaction details
- Property Type: Office
- Loan Amount: $350,000,000
- Lender: Credit Suisse
- Landlord: Adventus Realty Trust
- Brokers: Jay Miller, Spencer Miller, and AJ Felberbaum - BayBridge Real Estate Capital
- Loan Terms: Floating-rate
The loan transaction involved a loan amount of $350,000,000 provided by Credit Suisse. The landlord for the properties is Adventus Realty Trust. The deal was facilitated by brokers Jay Miller, Spencer Miller, and AJ Felberbaum from BayBridge Real Estate Capital.
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