Hines And Peakline Partners Secure $63.5M Refinance For Nashville Office At 1234 Martin Street

The asset involved in this transaction is an office property located at 1234 Martin Street in Nashville, TN. The property is newly built and encompasses 197,000 square feet. It has secured a refinancing package with a total loan amount of $63,500,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $63,500,000
• Lender: Blue Owl Capital & Tishman Speyer
• Landlord: Hines & Peakline Partners
• Loan Type: Refinance
• Loan Breakdown: $46,000,000 from Blue Owl Capital and $17,500,000 mezzanine financing from Tishman Speyer
• Brokers: Mike Ryan, Brian Linnihan & Joao "JP" Cordeiro - CBRE

Hines and Peakline Partners are the landlords for the property and have facilitated the refinancing process. The office space is anchored by Capitol Christian Music Group, highlighting a significant tenant in the building.