Tenant: GSA – Federal Bureau of Investigation (FBI)
Loan Amount: $68,540,000
Loan Type: Forward Commitment
Term: 20 years
Building Location: Phoenix, AZ
Building Size: 210,202 SF +/-
Building Use: Regional Field Office
- CTL Capital structured a forward commitment CTL loan simultaneously with the signing of a purchase agreement to finance a new Regional Field Office for the FBI in Phoenix, AZ.
- The new Regional Field Office represented a consolidation of 4 separately located offices. This consolidation represents a multi-year effort by the FBI, in coordination with the GSA, to consolidate and update all regional offices to meet enhanced IT infrastructure requirements and support new functions in full compliance with the Interagency Security Committee guidelines.
- The loan will fully amortize over the term of the FBI lease.