Mission Capital Brokers $50M Loan Sale of Class A Office Tower in Atlanta

September 15, 2014

Source: RE Business Online

Mission Capital has arranged the sale of a $50 million loan secured by the Forum at West Paces, a nine-story trophy office tower in Atlanta’s Buckhead submarket.

MISSION CAPITAL BROKERS $50M

LOAN SALE OF CLASS A OFFICE TOWER IN ATLANTA

September 15, 2014
ATLANTA — Mission Capital Advisors LLC has arranged the sale of a $50 million loan secured by The Forum at West Paces, a nine-story trophy office tower in Atlanta’s Buckhead submarket. The 222,457-square-foot property is located within the 17-acre Piazza at Paces mixed-use development. Parkway Properties, a national REIT traded on the New York Stock Exchange, purchased the loan from an undisclosed seller. Will Sledge and Patrick Arnold of Mission Capital represented the seller in the transaction.
http://www.rebusinessonline.com/main.cfm?id=17&date=20140915&state=GA&region=Southeast

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