Sacramento, Calif., Office Property Sold for $44.5Mln
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Nashville-Area Retail Property Sells for $34.5Mln
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Nationwide Life Insurance Co. provided the buyer with $34.2 million of financing for its purchase.
92.6 percent leased.
LoanCore Capital Markets provided a $17.25 million loan to the buyer.
SunTrust Bank provided $44 million of debt for the purchase.
88 percent leased. The buyer used $72 million of floating-rate Fannie Mae financing to help fund its purchase. Berkeley Point Capital originated the loan.
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© 2023 Commercial Real Estate Direct All rights reserved..