Acquisition Loan Secured for Corporate Centre 8 and 9 in Franklin, Tennessee

Cushman & Wakefield has secured $48.85 million in financing for KBS Capital Advisors for the acquisition of Corporate Centre 8 and 9, located in Franklin, Tennessee. The three-year, floating-rate loan has two one-year extension options. Michael Ryan, Brian Linnihan and Richard Henry arranged the loan.

Corporate Centre 8 and 9 are located at 6640 and 6550 Carothers Parkway inside the 1 million-square-foot Corporate Centre office park, which is located 14 miles from Nashville’s Central Business District and includes an all-suites hotel and conference center. The five-story office buildings total 311,864 square feet. The property also includes walking paths, superior property management, underground telecommunications connectivity between buildings, underground utilities, fiber-optic telephony, cable television and broadband service.

In the past five years, Cushman & Wakefield’s Equity, Debt & Structured Finance practice has financed over 200 deals valued at over $28 billion. For more information on Cushman & Wakefield’s Equity, Debt & Structured Finance Practice, visit our website.

About Cushman & Wakefield

Cushman & Wakefield is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, advisory and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.