GE REAL ESTATE PROVIDES $36.5 MILLION ACQUISITION LOAN

CLAYTON, MO. — GE Real Estate has provided $36.5 million in acquisition financing for National City Center, an 18-story office tower located at 120 South Central in Clayton. The building, which was renovated in 1999, totals 295,634 square feet and includes a four-story parking garage. The 3-year, first-mortgage loan includes a $2.5 million hold back for future capital expenditures and tenant improvements. The borrower was an affiliate of Forester Properties.