Finance   ·   Refinance

Cantor Fitzgerald Provides $141M CMBS Loan for Raleigh Office Complex

The 535,000-square foot office campus serves as the global headquarters of Bandwidth

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A joint venture among East West Partners, CBC Real Estate and Affinius Capital has secured $141 million to refinance a 535,000-square foot office campus in Raleigh, N.C., that serves as the global headquarters of Bandwidth, a publicly traded technology firm. 

Cantor Fitzgerald provided the debt, structured as a single-asset, single-buyer commercial mortgage-backed securities origination, while Wells Hill PartnersPeter Gevalt, Daniel Mizukovski, Barclay Lynch and Jeremy Schwartz arranged the transaction.  

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Mizukovski, a partner at Wells Hill, noted in a statement that his firm has dealt with East West Partners numerous times over the last 43 years. 

“We are pleased to have executed such a valuable refinancing for this great asset and its owners,” he added. 

Located at 2230 Bandmate Way in Raleigh, N.C., the office complex opened in 2023 after two years of construction. The asset sits on nearly 24 acres and is currently 100 percent leased to Bandwidth. 

The headquarters is host to more than 1,000 Bandwidth employees and includes 100 conference rooms, according to CBS News.  

The office complex includes 450,000 square feet of office space, 30,000 square feet of fitness space, a 30,000 square-foot Montessori school providing on-site child care, and 15,000 square feet of event space. 

Brian Pascus can be reached at bpascus@commercialobserver.com.