{"id":1004467975,"date":"2020-07-31T05:53:05","date_gmt":"2020-07-31T13:53:05","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004467975"},"modified":"2021-05-10T02:05:18","modified_gmt":"2021-05-10T10:05:18","slug":"southwest-nashville-office-asset-lands-15m-refi","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/southwest-nashville-office-asset-lands-15m-refi\/","title":{"rendered":"Southwest Nashville Office Asset Lands $15M Refi"},"content":{"rendered":"<div id=\"attachment_1004468062\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/Belle-Meade-Office-Park.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004468062\" data-attachment-id=\"1004468062\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/southwest-nashville-office-asset-lands-15m-refi\/belle-meade-office-park\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/Belle-Meade-Office-Park.jpg\" data-orig-size=\"1000,800\" 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=\"Belle Meade Office Park\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Belle Meade Office Park&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/Belle-Meade-Office-Park.jpg?w=1000\" class=\"wp-image-1004468062 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/Belle-Meade-Office-Park.jpg\" alt=\"\" width=\"300\" height=\"240\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/Belle-Meade-Office-Park.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/Belle-Meade-Office-Park.jpg?resize=300,240 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/Belle-Meade-Office-Park.jpg?resize=768,614 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004468062\" class=\"wp-caption-text\">Belle Meade Office Park<\/p><\/div>\n<p>A private investor has taken a $15 million loan from Southern Farm Bureau Life Insurance Co. for Belle Meade Office Park in Nashville, Tenn., public records show. Set to mature in 2027, the financing retires an existing $15 million loan from Truxton Trust Co. for the 124,000-square-foot facility. Yardi Matrix data shows the owner spent $14.7 million to acquire the asset from TA Realty in 2001. &nbsp;&nbsp;<\/p>\n<p>Located at 4525 Harding Pike, the asset is near two grocery-anchored shopping centers, 5 miles southwest of downtown Nashville. On the northern edge of Belle Meade, Tenn., the property is half a mile from the Saint Thomas West Hospital.<\/p>\n<p>Completed in phases in 1974 and 1984 on a 6.3-acre site, the three-story building includes floor plates ranging from 8,016 to 17,472 square feet and 744 parking spots. The tenant roster includes myriad service-based firms, from medical practices to law offices.<\/p>\n<p>In March, TA Realty <a href=\"https:\/\/www.commercialsearch.com\/news\/ta-realty-closes-1-2b-fund\/\">closed a $1.2 billion fund<\/a>. The&nbsp;value-add investment vehicle will target industrial, office, multifamily and grocery-anchored shopping centers in leading markets across the U.S.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The loan retires a $15 million mortgage from Truxton Trust at the 124,000-square-foot property. <\/p>\n","protected":false},"author":748,"featured_media":1004468062,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21825,36077,21742,21747],"tags":[32822],"class_list":["post-1004467975","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-nashville-knoxville","category-latest","category-office","tag-ta-realty"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Southwest Nashville Office Asset Lands $15M Refi - 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