DENVER – JLL’s Capital Markets experts today announced the firm secured $66 million for the refinancing of Fiddler’s Green Center I & II. The loan was secured on behalf of The John Madden Company, the builder of the two Class A office buildings in Greenwood Village, Colorado. The loan structure was a 10-year term, 4.625 percent fixed interest rate, and a 30-year amortization from Bellco Credit Union. Managing Director Baxter Fain led the JLL team on the financing along with Christina Grimme.
“This was a sought after lending opportunity as the deal included experienced sponsorship, best-in-class buildings and a prime location. We were also very pleased with the service Greg Lundstrom and his team provided during the loan process,” said Fain. Located off Interstate 25, Fiddler’s Green Center I & II total 206,759-square-feet each and offer tenants access to the area’s main thoroughfare as well light rail and buses at Arapahoe at Village Center Station.
The surrounding area includes retail amenities such as the Arapahoe Village shopping Center and the Comfort Dental Amphitheatre. The buildings include an on-site deli, security attendants in the lobbies and 24/7 key card access for tenants.
