{"id":1004236842,"date":"2018-06-21T07:38:34","date_gmt":"2018-06-21T15:38:34","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004236842"},"modified":"2022-12-06T21:27:32","modified_gmt":"2022-12-07T05:27:32","slug":"charlotte-office-park-scores-119m-refi","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/charlotte-office-park-scores-119m-refi\/","title":{"rendered":"Charlotte Office Park Scores $119M Refi"},"content":{"rendered":"<p>By Keith Loria<\/p>\n<div id=\"attachment_1004236868\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/Toringdon-Office-Park.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004236868\" data-attachment-id=\"1004236868\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/charlotte-office-park-scores-119m-refi\/toringdon-office-park-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/Toringdon-Office-Park.jpg\" data-orig-size=\"640,512\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Toringdon Office Park\" data-image-description=\"&lt;p&gt;Toringdon Office Park&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Toringdon Office Park&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/Toringdon-Office-Park.jpg?w=640\" class=\"wp-image-1004236868 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/Toringdon-Office-Park.jpg\" alt=\"Toringdon Office Park\" width=\"300\" height=\"240\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/Toringdon-Office-Park.jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/Toringdon-Office-Park.jpg?resize=300,240 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004236868\" class=\"wp-caption-text\">Toringdon Office Park<\/p><\/div>\n<p>Trinity Capital Advisors has received a refinancing loan for Toringdon Office Park, a 519,698-square-foot campus in Charlotte, N.C. According to Mecklenburg County records, Bank of America provided a $119 million floating-rate loan. HFF facilitated the deal on behalf of the borrower.<\/p>\n<p>In 2014, Trinity Capital Advisors acquired the <a href=\"https:\/\/www.commercialsearch.com\/news\/trinity-partners-leases-176ksf-at-shopton-ridge-trinity-capital-buys-two-office-buildings-in-toringdon-2\/\">Toringdon 4 and Toringdon 6 office buildings<\/a>, attaining ownership of the entire six-building Toringdon Office Park.<\/p>\n<p>In addition to refinancing an existing loan, the money from the loan will be directed at the development of a seventh building, to be called Toringdon 7.<\/p>\n<h2><strong>Building makeup<\/strong><\/h2>\n<p>Constructed between 2001 and 2008, Toringdon Office Park\u2019s six current buildings are located at 3420, 3430, 3440, 3426, 3436 and 3530 Toringdon Way, directly off Johnston Road in Charlotte\u2019s Ballantyne submarket. Just 10 miles south of Charlotte\u2019s central business district, the property is conveniently&nbsp;located off Interstate 485, at the Johnston Road exit and within walking distance of restaurants, hotels and daycare. It is also just 20 minutes from Charlotte Douglas International Airport.<\/p>\n<p>At the time of the refinancing, the park was 95 percent leased to a tenant roster including Selective Insurance, Crown Castle, Heartland Payment Systems and TIAA-CREF.<\/p>\n<p>The first two buildings were acquired in 2012 and merged together to form one 164,911-square-foot property. Toringdon 3 and 5 offer a combined 161,413 square feet, while Toringdon 4 features 102,000 square feet of office space and Toringdon 6 boasts 102,000 square feet of space. Toringdon 7 is scheduled for delivery in December 2019 and will encompass 198,195 square feet.<\/p>\n<p>Travis Anderson, HFF senior managing director, and Cory Fowler, senior director, represented Trinity Capital Advisors in the deal.<\/p>\n<p><em>Images courtesy of Yardi Matrix<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Constructed between 2001 and 2008, the six Class A buildings are 95 percent occupied, with a tenant roster including Selective Insurance, Crown Castle, Heartland Payment Systems and TIAA-CREF.<\/p>\n","protected":false},"author":451,"featured_media":1004236868,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1582,21808,21825,21742,21747],"tags":[33250,32792,34950,37638],"class_list":["post-1004236842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-charlotte","category-featured","category-finance","category-latest","category-office","tag-bank-of-america","tag-hff","tag-travis-anderson","tag-trinity-capital-advisors"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Charlotte Office Park Scores $119M Refi - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/charlotte-office-park-scores-119m-refi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Charlotte Office Park Scores $119M Refi\" \/>\n<meta property=\"og:description\" content=\"Constructed between 2001 and 2008, the six Class A buildings are 95 percent occupied, with a tenant roster including Selective Insurance, Crown Castle, Heartland Payment Systems and TIAA-CREF.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/charlotte-office-park-scores-119m-refi\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-21T15:38:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-07T05:27:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/Toringdon-Office-Park.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Keith Loria\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/charlotte-office-park-scores-119m-refi\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/charlotte-office-park-scores-119m-refi\\\/\"},\"author\":{\"name\":\"Keith Loria\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/aaa29b723dad85f2444ae3cb0c4d735f\"},\"headline\":\"Charlotte Office Park Scores $119M Refi\",\"datePublished\":\"2018-06-21T15:38:34+00:00\",\"dateModified\":\"2022-12-07T05:27:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/charlotte-office-park-scores-119m-refi\\\/\"},\"wordCount\":271,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/charlotte-office-park-scores-119m-refi\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/06\\\/Toringdon-Office-Park.jpg\",\"keywords\":[\"Bank of America\",\"HFF\",\"Travis Anderson\",\"Trinity Capital Advisors\"],\"articleSection\":[\"Charlotte\",\"Featured\",\"Finance\",\"News\",\"Office\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/charlotte-office-park-scores-119m-refi\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/charlotte-office-park-scores-119m-refi\\\/\",\"name\":\"Charlotte Office Park Scores $119M Refi - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/charlotte-office-park-scores-119m-refi\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/charlotte-office-park-scores-119m-refi\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/06\\\/Toringdon-Office-Park.jpg\",\"datePublished\":\"2018-06-21T15:38:34+00:00\",\"dateModified\":\"2022-12-07T05:27:32+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/aaa29b723dad85f2444ae3cb0c4d735f\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/charlotte-office-park-scores-119m-refi\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/charlotte-office-park-scores-119m-refi\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/charlotte-office-park-scores-119m-refi\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/06\\\/Toringdon-Office-Park.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/06\\\/Toringdon-Office-Park.jpg\",\"width\":640,\"height\":512,\"caption\":\"Toringdon Office Park\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/charlotte-office-park-scores-119m-refi\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Charlotte Office Park Scores $119M Refi\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/aaa29b723dad85f2444ae3cb0c4d735f\",\"name\":\"Keith Loria\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c971a04cf612cbf81bf5ac2e5ca5dfe85c32fa0d44d16ce044eee3b59755107d?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c971a04cf612cbf81bf5ac2e5ca5dfe85c32fa0d44d16ce044eee3b59755107d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c971a04cf612cbf81bf5ac2e5ca5dfe85c32fa0d44d16ce044eee3b59755107d?s=96&d=mm&r=g\",\"caption\":\"Keith Loria\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/keith-loria\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Charlotte Office Park Scores $119M Refi - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/charlotte-office-park-scores-119m-refi\/","og_locale":"en_US","og_type":"article","og_title":"Charlotte Office Park Scores $119M Refi","og_description":"Constructed between 2001 and 2008, the six Class A buildings are 95 percent occupied, with a tenant roster including Selective Insurance, Crown Castle, Heartland Payment Systems and TIAA-CREF.","og_url":"https:\/\/www.commercialsearch.com\/news\/charlotte-office-park-scores-119m-refi\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2018-06-21T15:38:34+00:00","article_modified_time":"2022-12-07T05:27:32+00:00","og_image":[{"width":640,"height":512,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/Toringdon-Office-Park.jpg","type":"image\/jpeg"}],"author":"Keith Loria","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/charlotte-office-park-scores-119m-refi\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/charlotte-office-park-scores-119m-refi\/"},"author":{"name":"Keith Loria","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/aaa29b723dad85f2444ae3cb0c4d735f"},"headline":"Charlotte Office Park Scores $119M Refi","datePublished":"2018-06-21T15:38:34+00:00","dateModified":"2022-12-07T05:27:32+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/charlotte-office-park-scores-119m-refi\/"},"wordCount":271,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/charlotte-office-park-scores-119m-refi\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/Toringdon-Office-Park.jpg","keywords":["Bank of America","HFF","Travis Anderson","Trinity Capital Advisors"],"articleSection":["Charlotte","Featured","Finance","News","Office"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/charlotte-office-park-scores-119m-refi\/","url":"https:\/\/www.commercialsearch.com\/news\/charlotte-office-park-scores-119m-refi\/","name":"Charlotte Office Park Scores $119M Refi - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/charlotte-office-park-scores-119m-refi\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/charlotte-office-park-scores-119m-refi\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/Toringdon-Office-Park.jpg","datePublished":"2018-06-21T15:38:34+00:00","dateModified":"2022-12-07T05:27:32+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/aaa29b723dad85f2444ae3cb0c4d735f"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/charlotte-office-park-scores-119m-refi\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/charlotte-office-park-scores-119m-refi\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/charlotte-office-park-scores-119m-refi\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/Toringdon-Office-Park.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/Toringdon-Office-Park.jpg","width":640,"height":512,"caption":"Toringdon Office Park"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/charlotte-office-park-scores-119m-refi\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Charlotte Office Park Scores $119M Refi"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/aaa29b723dad85f2444ae3cb0c4d735f","name":"Keith Loria","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c971a04cf612cbf81bf5ac2e5ca5dfe85c32fa0d44d16ce044eee3b59755107d?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c971a04cf612cbf81bf5ac2e5ca5dfe85c32fa0d44d16ce044eee3b59755107d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c971a04cf612cbf81bf5ac2e5ca5dfe85c32fa0d44d16ce044eee3b59755107d?s=96&d=mm&r=g","caption":"Keith Loria"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/keith-loria\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/Toringdon-Office-Park.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004236842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/451"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004236842"}],"version-history":[{"count":4,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004236842\/revisions"}],"predecessor-version":[{"id":1004236982,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004236842\/revisions\/1004236982"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004236868"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004236842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004236842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004236842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}