JLL Capital Markets Arranges $39.7M Refinancing Loan For Office Property In Austin

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.