Albany Road Real Estate Partners, with the assistance of its capital advisor, Patterson Real Estate Advisory Group, closed on two separate office assets in the Southeast this summer.  Discovery Center, a two-building, 166,000 SF suburban office portfolio, is located in the high growth market of Huntsville, Alabama.  Commerce Center is a 99% leased, 239,000 SF office property in Nashville’s Airport North submarket. Patterson arranged debt financing with First Horizon for the acquisition of Discovery Center in Huntsville, and bridge financing with MetLife for the refinancing of Commerce Center.

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The University Financing Foundation, Inc (TUFF) and Collaborative Real Estate closed on the acquisition of 250 East Ponce, a 145,000 SF office building anchored by Emory’s School of Nursing located in Decatur, GA. Patterson arranged the acquisition loan with Delta Community Credit Union.

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Vintage South closed on the construction financing of Breeze Block, a new development of 24 for sale townhomes and 38,000 sf of adaptive re-use commercial space in the Charlotte Park neighborhood of Nashville, TN. Patterson arranged construction financing with First Farmers and Servis First.

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Gateway Ventures Real Estate and ELV Associates, Inc. with the assistance of capital advisor Patterson Real Estate Advisory Group, closed on the refinancing of 22 WestEdge, a 155,000 SF Class AAA office and life sciences building located in Charleston, South Carolina. 22 WestEdge’s ±155,000 SF of space is split across eight floors, with the first floor comprising ±15,800 SF of street-level retail space. Patterson arranged the loan with Georgia-based Ameris Bank.

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Brightman-Gil Real Estate Investment Management, with the assistance of Patterson, closed on the refinance of Great Oaks Center, a three-building, ±158,000 SF, single-story office portfolio in Alpharetta, GA. Patterson arranged bridge loan financing with First Carolina Bank.

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