$13,470,000 | CIP Real Estate

brookhollow

Property: 5172-5202 Brook Hollow Parkway
Location: Norcross, GA
Description: Located in Atlanta’s most sought-after Northeast Atlanta Industrial Market, Brook Hollow Center is a multi-tenant, quality office/warehouse/showroom park consisting of five buildings built between 1979-1985 and totaling 252,698 SF. The Property benefits from its location fronting I-85, with a daily traffic count of 302,000, and its close proximity/access (approximately 5 miles) to I-285.
Loan Type: Acquisition/Bridge Loan
Lender: California Community Bank

Client Benefits:

  • Non-recourse, 5-year fixed interest rate
  • Rate locked at application
  • Interest Only payments for 3 years
  • No prepayment penalty after month 36
  • Future funding for capital improvements