Shorenstein Properties LLC & Stiles Secure $178M Refinance For 110 East Office Tower In Charlotte

110 East Boulevard is a 23-story office tower located in Charlotte, NC, comprising 389,954 square feet. The property has a refinance loan amount of $178,000,000 arranged for its owners, Shorenstein Properties LLC and Stiles.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $178,000,000
• Address: 110 East Boulevard
• Market: Charlotte, NC
• Lender: AllianceBernstein
• Landlord: Shorenstein Properties LLC & Stiles
• Broker Representatives: Mike Ryan, Richard Henry & Blake Cohen - CBRE
• Loan Type: Refinance

CBRE facilitated the refinance for Shorenstein and Stiles through AllianceBernstein, playing a key role in the transaction. This acquisition marks a significant financial step for the landlords within the Charlotte market.