{"id":1004456914,"date":"2020-06-17T07:09:48","date_gmt":"2020-06-17T15:09:48","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004456914"},"modified":"2020-06-17T07:11:12","modified_gmt":"2020-06-17T15:11:12","slug":"metro-commercial-properties-lands-7-4m-refi-for-suburban-houston-asset","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/metro-commercial-properties-lands-7-4m-refi-for-suburban-houston-asset\/","title":{"rendered":"Metro Commercial Properties Lands $7.4M Refi for Suburban Houston Asset"},"content":{"rendered":"
\"\"<\/a>

Houston Woodlands 45. Image courtesy of Gantry<\/em><\/p><\/div>\n

Metro Commerical Properties has obtained a $7.4 million loan to refinance its suburban Houston office property.<\/p>\n

Gantry arranged the 10-year loan with  an amortization period of 25 years to refinance Houston Woodlands 45, a 63,373-square-foot multi-tenant office building in Spring, Texas, a northern suburb of Houston.<\/p>\n

Gantry Principal Patrick Barkley and Senior Associate Chad Metzger completed the permanent financing with a life insurance company. <\/p>\n

According to Yardi Matrix data, Houston Woodlands 45 came online in 2008. The development was subject to a $9.7 million Bank of America loan. The property features monument and directory signage, two lobbies and card key security system. The two-story building also includes 389 grade level parking spaces. The tenant roster includes Bankers Life and Regus, among others.<\/p>\n

Located at 24624 Interstate 45, on 5 acres, the Class A property is 17 miles from George Bush Intercontinental Airport and about 27 miles north of downtown Houston.<\/p>\n

In February, Gantry arranged $330 million in financing for a six-building medical office portfolio<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The two-story, 63,373-square-foot office property is located in the northern suburb of Spring.<\/p>\n","protected":false},"author":868,"featured_media":1004456980,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21825,1589,21742,21747],"tags":[48665,33451],"class_list":["post-1004456914","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-houston","category-latest","category-office","tag-gantry-inc","tag-metro-commercial-properties"],"acf":[],"yoast_head":"\nMetro Commercial Properties Lands $7.4M Refi for Suburban Houston Asset - 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\/metro-commercial-properties-lands-7-4m-refi-for-suburban-houston-asset\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Metro Commercial Properties Lands $7.4M Refi for Suburban Houston Asset\" \/>\n<meta property=\"og:description\" content=\"The two-story, 63,373-square-foot office property is located in the northern suburb of Spring.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/metro-commercial-properties-lands-7-4m-refi-for-suburban-houston-asset\/\" \/>\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=\"2020-06-17T15:09:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-06-17T15:11:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Houston-Woodlands-45-e1592395470440.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1602\" \/>\n\t<meta property=\"og:image:height\" content=\"1201\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sergiu Inizian\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/metro-commercial-properties-lands-7-4m-refi-for-suburban-houston-asset\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/metro-commercial-properties-lands-7-4m-refi-for-suburban-houston-asset\/\",\"name\":\"Metro Commercial Properties Lands $7.4M Refi for Suburban Houston Asset - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/metro-commercial-properties-lands-7-4m-refi-for-suburban-houston-asset\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/metro-commercial-properties-lands-7-4m-refi-for-suburban-houston-asset\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Houston-Woodlands-45-e1592395470440.jpg\",\"datePublished\":\"2020-06-17T15:09:48+00:00\",\"dateModified\":\"2020-06-17T15:11:12+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/77efc8abfd11ea13ed9ee7a0e190eb2a\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/metro-commercial-properties-lands-7-4m-refi-for-suburban-houston-asset\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/metro-commercial-properties-lands-7-4m-refi-for-suburban-houston-asset\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/metro-commercial-properties-lands-7-4m-refi-for-suburban-houston-asset\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Houston-Woodlands-45-e1592395470440.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Houston-Woodlands-45-e1592395470440.jpg\",\"width\":1602,\"height\":1201,\"caption\":\"Houston Woodlands 45. 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