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 in Nashville recently completed in 2022.
The Class-A, 24-story building offers 373,232 square feet of office space as well as 16,938 square feet of retail space and 930 parking spaces with amenities such as conference center, outdoor terrace overlooking downtown Nashville’s Gulch neighborhood adjacent to Interstate 40 , tenant lounge , port cochere , fitness center along with post pandemic safety features like individual HVAC systems on each floor for enhanced air circulation and touchless keyless access to tenant suites & elevators . It is also conveniently located near Music Row – the epicenter of music industry scene – & Midtown which houses Vanderbilt University .
This transaction marks Canyon Partner’s latest investment into real estate projects across the US while JP Morgan continues its commitment towards providing innovative financing solutions for commercial properties .
