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Atlanta & Southeast  + Southeast  + Office  |  June 2, 2021
David Cohen
By: David Cohen

3650 REIT Provides $69M Refinancing for Greenville Office Complex

Nationwide commercial real estate lender 3650 REIT has provided a $68.5 million loan to refinance Patewood Corporate Center, a six-building, 447,000-square-foot office park in Greenville.

Located at 10-80 Patewood Drive, the property was renovated in 2015 and has maintained consistent performance metrics and attracted high-quality tenants throughout its history, offering space at a significant discount to buildings located in Greenville’s urban core. Patewood Corporate Center is the closest suburban office park to downtown Greenville.

Joe Hercenberg of Walker & Dunlop arranged the financing on behalf of the borrower, JFR Global Investments, a commercial real estate investment firm. The fixed-rate loan included a term of 84 months.

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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