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MARIETTA, GA- The owners of the 469,487-sf New Market BusinessPark on New Market Parkway have received $37 million in permanentfinancing for the property. CBRE/Melody's South Florida officeSenior Director Charles Foschini, CB Richard Ellis institutionalgroup Executive Vice President Christian Lee and CB Richard Ellisinvestment properties group Christopher Apone arranged thepermanent financing through a correspondent lender on behalf ofJacksonville-based owner Capital Partners Inc., which recentlychanged its name to Eola Capital.

Foschini tells GlobeSt.com that after purchasing the property,Eola was able to add value to it through lease-up efforts. Theproperty was acquired in December 2004 from Chicago-based TrizecProperties. "They were able to add substantial value to thebuilding and decided to obtain permanent financing for it," hesays.