Walker & Dunlop announced May 28 that it structured $14.3 million in acquisition financing for 4100 South Stream, a class A office building comprising four stories and 125,000 square feet in Charlotte, N.C.
Since 1988, the property has been 100 percent occupied by AT&T, which uses the building as its primary regional headquarters.
The Walker & Dunlop team structured a two-year, interest-only loan on behalf of the joint venture property owners and repeat-clients, Shopoff Realty Investments and Praelium Commercial Real Estate.
Located along the Interstate-77 corridor, 4100 South Stream is less than 10 minutes from Charlotte’s Douglas International Airport and the city’s downtown central business district. The property is situated on 9.14 acre