Equus Investment Partnership X, a discretionary fund managed by Equus Capital Partners, Ltd., has secured $29.6 million in acquisition financing for Brookside I and II office buildings in Atlanta Ga. The two-building complex totals 266,595 sqf in Atlanta’s North Fulton submarket of Alpharetta. Tenants in the office park include Clorox, Qwest Communications and TitleMax of Georgia. Executive Managing Director Phil Mudd and Senior Vice President Brad Geiger of Cushman & Wakefield arranged the financing though New York Life Real Estate Investors for the five-year, floating-rate loan.
“Due to the top-tier sponsorship and quality of the buildings, there was considerable interest from the banks and insurance companies to provide floating rate financing for Brookside I and II,” said Brad Geiger. “Ultimately, New York Life was chosen because of the competitiveness of their quote and the flexibility they were able to offer.”
