(To read more on the debt and equity markets, click here.)
SAN FRANCISCO-A City-Core Development affiliate has refinanced1900 Bryant St. The transaction increased loan proceeds from themixed-use former Best Foods Mayonnaise factory while substantiallylowering its interest rate.
City-Core's affiliate acquired the abandoned 148,000-sf,five-building complex in 1995 and proceeded to convert it into amix of 14-foot-clear office, live-work and retail units. PotteryBarn's design group and UC San Francisco are the major commercialtenants. Starbucks anchors the retail portion of the property. The22 live-work lofts are rentals. The development is currently 98%occupied.
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.
