SANTA MONICA, CA—Pacshore Partners and GreenOak Real Estate have secured $17.5 million for a mixed-use property through Berkadia Commercial Mortgage’s Proprietary Bridge Lending Program. The four-story property has 40,000 square feet of office and retail space with a high-profile tenant mix that includes JP Morgan Chase and Mendocino Farms.

“The borrowers are using the money to modernize the retail storefronts and facade, and to lease up the remaining vacancy by delivering a unique, creative office experience in a highly desired location,” Nick Cassino, Berkadia SVP, tells Cassino arranged the financing on behalf of the borrower.

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