(To read more on the debt and equity markets, click here.)
IRVINE, CA-Suncoast Properties has refinanced its two-buildingSpectrum Business Center office complex of nearly 103,000 sf via an$11 million loan arranged by the San Diego office of HollidayFenoglio Fowler. The class A office complex is at two addresses 4Venture and 6 Venture, just inside the triangle formed by the 405,5 and 133 freeways meet.
Aldon Cole of Holliday Fenoglio Fowler describes the newfinancing as a 10-year, fixed rate, 5.57% loan with PPM America.The transaction was completed to refinance an existing loan at morefavorable rates.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
