A10 CAPITAL PROVIDES $5.2M LOAN FOR HAMPTON OFFICE ACQUISITION

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HAMPTON, VA. — A10 Capital has provided a $5.2 million acquisition loan for a Class B suburban office building in Hampton, located in the Virginia Beach-Norfolk metro area. Chuck Taylor of A10 Capital structured and closed the loan on behalf of the borrower, which will use the loan to both acquire the property and fund future capital expenditures and tenant improvement costs. The office building was 35.5 percent leased at the time of closing. Vincent Hughes of iCap Realty Advisors/Q10 arranged the loan.

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