Thorofare Capital has funded a $40,000,000 floating rate commercial mortgage for the acquisition of Metro Center, a 293,640-square foot, 12-story, Class A office building located in the CBD of Hartford, Connecticut.

The 12-story building is 100% percent occupied and featured tenants include Lincoln Financial Group, an affiliate of Fortune 250 financial holding company Lincoln National Corporation (NYSE: LNC), and CohnReznick LLP.   The property contains an attached, six-level, 1,200+ space parking garage.

The non-recourse, interest-only loan carries a total term of five years, if fully extended.  The structure includes a TI/LC Reserve to cover leasing renewal costs.