Canyon Partners Real Estate and J.P. Morgan have co-originated a $174.6 million senior construction loan to a joint venture between GBT Realty Corporation and Koch Real Estate Investments for the recapitalization of One22One, an office tower located in Nashville’s Gulch neighborhood adjacent to Interstate 40.
The 24-story Class A building features 373,232 square feet of office space, 16,938 square feet of retail space and 930 parking spaces with state-of-the art amenities such as conference center, outdoor terrace overlooking downtown Nashville skyline , tenant lounge , port cochere , fitness center . Post pandemic safety features like individual HVAC systems on each floor for enhanced quality air circulation along with touchless keyless access to tenant suites & elevators are also included in the property . Being conveniently near Music Row – epicenter of music industry scene & Midtown – home to Vanderbilt University adds more value this prime location .
Canyon Partners’ latest move provides financing for the completion of One22One which is expected be completed by 2022 thus providing much needed capital infusion into real estate market during these unprecedented times
