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.
Source: RE Business Online
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.