Investor Duo Score $68.3M Refi on Charlotte Office Pair

Childress Klein Properties and Ascentris Real Estate obtained a $68.3 million refinancing for The Nexus (shown) and Hub at Waverly, two Class A office buildings totaling 312,738 square feet within the 90-acre Waverly mixed-use development in Charlotte.

CBRE’s Nate Sittema and Will Chapman arranged the five-year permanent loan on behalf of the borrowers. The financing was provided by a life insurance company.

Located at 6325 and 6210 Ardrey Kell Road, The Nexus and Hub are two six-story office buildings. The Nexus, located at 6325 Ardrey Kell Road, totals 157,383 square feet, while The Hub, located at 6210 Ardrey Kell Road, totals 155,355 square feet. Completed in 2019 and 2017.

The properties are part of Waverly, a 90-acre mixed-use development in South Charlotte that features 250,000 square feet of retail anchored by Whole Foods Market, more than 40 restaurants, shops, fitness and wellness offerings, a 140-room Hilton Garden Inn & Conference Center, the 375-unit Lantower Waverly apartment community and 140 single-family homes and townhomes.