JLL Capital Markets Arranges $39.7M Refinancing Loan For Office Property In Austin | 5918 Courtyard Drive | Jayme Knight Nelson, Wally Reid | Office | Loan

Summary

Loan

TEXAS

Office

178 sqft

The recent closed property transaction in Austin involved an office asset located at 5918 Courtyard Drive. The property spans 178,061 square feet and sits on 8.78 acres. The transaction took place on 11/18/2022.

Summary of transaction details

Property Type: Office
Transaction Amount: Not specified
Market: Austin
Address: 5918 Courtyard Drive
Square Footage: 178,061
Acres: 8.78

The loan for this transaction was provided by Argentic. The two-year refinancing loan amount totaled $39,700,000. Spire Real Estate Partners served as the landlord. The brokers involved in the deal were Wally Reid and Jayme Nelson from JLL Capital Markets.

Players

All
3

Agents
2
Agencies
1

Jayme Knight Nelson

Debt & Equity Placement

Wally Reid

Senior Managing Director, Debt & Loan Sales Platform Leader

JLL

Details

Deal Summary

FINANCED

IMAGE: Wally Reid & Jayme Nelson DATE: 11/18/2022 ADDRESS: 5918 Courtyard Drive MARKET: Austin ASSET TYPE: Office ~ SF: 178,061 ~ ACRES: 8.78 LENDER: Argentic LANDLORD: Spire Real Estate Partners BROKERS: Wally Reid & Jayme Nelson - JLL Capital Markets (@JLL) LOAN AMOUNT: $39,700,000 LOAN TYPE: Refinancing Loan LOAN TERMS: two-year loan

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Address5918 Courtyard Drive

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