**Hines, Peakline Secure $63.5M Refinancing for Nashville Office Development**
Hines and Peakline have secured a $63.5 million refinancing package for T3 Wedgewood Houston, a newly developed 197,000-square-foot office building located at 1234 Martin Street in the Wedgewood Houston neighborhood of Nashville.
The financing package includes a $17.5 million mezzanine loan from Tishman Speyer and a $46.0 million senior loan from funds managed by Blue Owl Capital. The proceeds will be used to pay off the building’s construction loan and cover closing and leasing-related costs.
Completed in 2023, T3 Wedgewood Houston is a Class A building notable for its mass timber construction and premium amenities. It is anchored by Capitol Christian Music Group (CCMG), a subsidiary of Universal Music Group, which expanded its lease in 2025.
The refinancing deal was arranged by Mike Ryan, Brian Linnehan, and JP Cordiero of CBRE.
The transaction comes as Tishman Speyer launches a newly formed debt platform for commercial real estate lending, focused on institutional-quality assets across residential, industrial, life sciences, office, and mixed-use sectors.
