ATLANTA-Sugarloaf Partners LLC, sponsored by locally based Taylor & Mathis, has obtained a $25.5-million, 10-year first mortgage loan from MetLife Real Estate Investments for its three-building, 256,000-sf Sugarloaf Corporate Center in suburban Duluth. The buildings are collateral for the loan.

Taylor & Mathis officials couldn’t be reached by’s publication deadline to learn what the loan proceeds will be used for at the 62-acre, 85%-occupied master-planned office park in fast-growing Gwinnett County. The mixed-use venture at 2160, 2170 and 2180 Satellite Blvd. is on a prime commercial corner of the Sugarloaf Parkway and Interstate 85.

MetLife representatives declined to tell loan details such as the interest rate, loan-to-value factor and the amortization period. However, metro area mortgage bankers and real estate brokers familiar with the Duluth submarket tell the mortgage probably has an annual interest rate under 6%.

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