CBRE Miami Arranges $21.1 Million Refinancing For Davinci Court In Peachtree Corners, GA

6/20/16

CBRE’s South Florida Capital Markets Team arranged a $21.1 million loan to refinance Davinci Court, two Class A office buildings totaling 201,817 square feet in the heart of the highly affluent, walkable Peachtree Corners suburb of Atlanta, Georgia.

Christian Lee, Amy Julian and José Lobón of CBRE’s Miami, Florida office arranged the refinancing on behalf of Banyan Street Capital and PCCP. NXT Capital provided the floating rate loan with a term of three years plus extension options.

“Peachtree Corners is in the midst of a period of rapid growth and transformation into a truly walkable suburb. A recently approved 20.6-acre Town Center, across the street from the property, will add at least 10 restaurants, numerous retail shops, a theater, 70 townhomes and 2 acres of green space. Davinci Court is well positioned to take advantage of the expanding amenity base and improving market fundamentals as it continues to strengthen its tenant roster,” said Ms. Julian, CBRE Vice President.

Davinci Court is conveniently located within the northeastern suburbs of Atlanta, Georgia. It is a thriving community full of attractive neighborhoods, excellent schools, beautiful parks, fine shopping and impeccable dining options.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.

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