FINANCED
Bank OZK Provides $300M Construction Loan For 833,000 SF Office Building In Austin
401 West 4th Street
Office
833,000 SF
833,000 SF
Financed 1 year ago
Summary
Loan
TEXAS
Office
833,000 sqft
The office asset located at 401 W 4th Street in Austin has been involved in a closed transaction. The property spans an area of 833,000 square feet.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $300,000,000
- Market: Austin
The loan for this transaction was provided by Bank OZK. George Gleason, the CEO of Bank OZK, acted as the lender's representative. The landlord in this deal comprises Lincoln Property Company, Phoenix Property Co., and DivcoWest.
The loan type for this transaction is a construction loan, facilitating the development or renovation of the office asset at 401 W 4th Street in Austin.
Details
FINANCED
IMAGE: George Gleason
DATE: 05/03/2022
ADDRESS: 401 W 4th Street
MARKET: Austin
ASSET TYPE: Office ~ SF: 833,000
LENDER: Bank OZK (@BankOZK) - George Gleason
LANDLORD: Lincoln Property Company (@LPCCommercial), Phoenix Property Co. & DivcoWest
LOAN AMOUNT: $300,000,000
LOAN TYPE: Construction LoanView on map
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Address401 West 4th Street
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