CMC secures flex financing

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Commercial Mortgage Capital arranged a $16.05 million, 10-year, 30-year amortization on a fixed rate, non-recourse loan for Independence Realty’s multi-tenant flex portfolio in Tampa, FL, which consists of Brandywine Business Center, Corporex Plaza and President’s Plaza.

The three-building, 95,761 s/f Corporex Plaza is situated on 6.55 acres and is fully occupied by tenants that include Inspectorate, Honeywell International, Ecolab GCS and Rauland-Borg.

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