Axilla Capital has arranged a $5.5 million first mortgage loan to refinance The Cliffs Office Center in Columbus, Ohio.
The loan was secured through one of Axilla’s life insurance company relationships.
Joel Mazur, managing principal of Axilla Capital, originated the transaction and secured the financing.
The Cliffs Office Center is a 104,909-square-foot two-story office building. It is 94 percent leased, and was built in 1976.