Saturday, March 16, 2019

HFF arranges $18 million construction loan for Class A office development in Charlotte, NC


                                                                            Rendering by BB&M                                                                                                                                                                                                       2100 South Tryon, Charlotte, NC


Travis 
Anderson
CHARLOTTE, NC –  Holliday Fenoglio Fowler, L.P. (HFF) announces that it has arranged an $18 million construction loan for 2100 South Tryon, a to-be-built, 85,415-square-foot, Class A office building with ground floor retail space in Charlotte, North Carolina.

HFF worked on behalf of the borrower, Vision Ventures, to secure the construction loan through Bank OZK. 

Designed by BB&M and due for completion in 2020, 2100 South Tryon will consist of 72,790 square feet of office space and 12,625 square feet of retail space.  

Cory Fowler
The property will offer abundant parking, unobstructed views of Charlotte’s Uptown skyline and spacious, open floorplates.  The 2.8-acre site is strategically located just half a mile east of Interstate 77 in Charlotte’s Midtown/South End submarket. 

 This location is within walking distance of Charlotte’s Light Rail, connecting the property to the central business district, and within 15 minutes of the Charlotte Douglas International Airport. 

The HFF debt placement team representing the borrower included senior managing director Travis Anderson and senior director Cory Fowler.  Leasing efforts at the property will be led by Tom Fitzgerald and Barry Fayban with JLL.  Barringer Construction is the contractor for the development. 

Tom Fitzgerald
About Vision Ventures

Since its inception in 1998, Vision Ventures has built a reputation on in depth analysis, focus, and discipline in the world of commercial real estate. 

As a well-capitalized acquisition, brokerage, construction and development company, their expertise ranges from strategic attainments of debt and equity to the execution of development and construction projects. 

 To learn more about the company, please visit: www.visionventures.net.


About HFF

HFF and its affiliates operate out of 26 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. 

Barry Fabyan

 HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing.  

HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF).  For more information, please visit hfflp.com or follow HFF on Twitter @HFF.

CONTACTS:

TRAVIS ANDERSON
HFF Senior Managing Director
(704) 526-2800

KRISTEN MURPHY
HFF Director, Public Relations
(617) 338-0990


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