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LONG BEACH, CA-Owners of the 444 W. Ocean Blvd. office building have refinanced the property with a $19.1-million loan to lock in a fixed rate, according to the Orange County office of Holliday Fenoglio Fowler. HFF arranged the financing for the 175,475-sf office tower.

Mike White of Holliday Fenoglio Fowler, who arranged the loan, says that borrower 444 Ocean LLC’s new financing is a 10-year, fixed-rate loan through Aetna Life Insurance Co. that will be serviced through HFF. The 18-story 444 W. Ocean Blvd. office tower, which features oceanfront views, is 91% occupied and includes an underground garage of 335 spaces.

Tenants at 444 W. Ocean include a Premier Business Center operated by the Irvine-based Bascom Group, the law firm of Cantrell Green, California Bank and Trust and others. Built in 1968, the property occupies a site at the southeast corner of Ocean Boulevard and Queens Way in Downtown.

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