Delta Community Provides Acquisition Loan for Kennesaw Office Property
Delta Community Credit Union has provided acquisition financing for Chastain Center, a single-story office complex in Kennesaw. Atlanta investor Glenfield Capital acquired the property for $46.1 million from seller TerraCap Management.
Chastain Center is a six building, 303,451-square-foot office park located 25 miles northwest of downtown Atlanta. Tenants at the property include Dover Corp., the General Services Administration and the IT division of Aaron's Inc.
“We seek opportunities to help our members execute many types of commercial real estate transactions,” said Bob Walsh, Chief Lending Officer at Delta Community. “From well-established real estate investors to manufacturers, distributors and professional service companies, Delta Community has the resources and expertise to offer creative financing solutions to meet the needs of our commercial members.”
Read more: Delta Community Provides Acquisition Loan for Kennesaw Office Property at Connect Atlanta