East West Partners, CBC Real Estate, And Affinius Capital Secure $141M Loan For Raleigh Office Campus

The property asset involved in the transaction is the Bandwidth headquarters campus located at 2230 Bandmate Way in Raleigh, NC. This office space encompasses 535,000 square feet and is situated on nearly 24 acres. The asset was completed in 2023 and is currently fully leased.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $141,000,000
• Address: 2230 Bandmate Way
• Market: Raleigh, NC
• Asset Size: 535,000 SF
• Acres: 24
• Lender: Pascal Bandelier - Cantor Fitzgerald
• Landlord: Christopher Frampton - East West Partners
• Landlord: Len O'Donnell - Affinius Capital
• Landlord: Michael Goodmon - CBC Real Estate Group
• Broker: Wells Hill Partners
• Loan Maturity: July 2029

A venture of East West Partners, CBC Real Estate, and Affinius Capital facilitated this transaction with the floating-rate SASB CMBS loan provided by Cantor Fitzgerald. The campus features office space, a fitness center, a Montessori school, and event space, further enhancing its utility.