April 7, 2020 Comments Off on GBT Realty Secures $141M Financing for 24-Story Nashville Tower Views: 807 Atlanta News, Southeast Atlanta, Top Atlanta

GBT Realty Secures $141M Financing for 24-Story Nashville Tower

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Brentwood, TN-based GBT Realty Corporation completed its capital stack for its market redefining Class A office tower in Nashville known as ONE22ONE. The $141.1-million construction loan was provided by New York-based Mack Real Estate Credit Strategies. Dallas-based Koch Real Estate Investments is a limited partner in the project.

GBT Realty’s George Tomlin says, “ONE22ONE will be a peerless corporate address in Nashville and completely redefine the corporate office market.”

Site work at the .77-acre site located at 1221 Broadway, commenced in February. GBT recently finalized its development plans to peak at 24 stories with 356,000 square feet of leasable space. The project is targeting a 2022 opening.

GBT Realty’s Jeffrey Pape adds, “We’re immensely proud to be fully funded and under construction, solidifying our opportunity to redefine Nashville’s skyline with a tower that is meaningful and memorable and deliver an office experience unlike any other.”

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