City Office REIT, Inc. has received $17 million in financing for Carillon Point, a Class A office building in Carillon Point Office Park in St. Petersburg, Florida. Holliday Fenoglio Fowler worked on behalf of the borrower to secure the seven year, fixed rate post-close acquisition loan through BankUnited. Trading for just under $138 per sqf, the 124,178 sqf building is located at 800 Carillon Parkway. Carillon Point is part of Carillon Office Park, which features more than three million square feet of office space on 432 acres near the intersections of Interstate 275, Ulmerton Road and Roosevelt Boulevard. Carillon Point is fully leased to tenants including Paychex, Hull & Company and Peachtree Special Risk. HFF’s debt placement team representing the borrower was led by managing director Chris Drew and associate director Brian Gaswirth.
