CBRE | MELODY ARRANGES $4.9 MILLION OFFICE LOAN

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FENTON, MO. — The Minneapolis office of CBRE | Melody has arranged $4.9 million in permanent financing for Intertech Building, a 64,600-square-foot office building located in Fenton. The first mortgage loan includes a 6.02 percent fixed interest rate, a 25-year amortization, a 10-year term and a 70 percent loan-to-value ratio. Douglas Seylar and Murray Kornberg of CBRE | Melody secured the financing on behalf of the undisclosed borrower with the lender, First Unum Life Insurance Co.

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