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PSRS Arranges $11M Refinance Loan For Sunny Hills Business Park In Fullerton

223 Imperial Highway
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This Industrial property located in CA received a loan of $11,000,000 3 months ago. The brokers of the deal were Kostas Kavayiotidis and Matthew Farzinpour

The Sunny Hills Business Park in Fullerton, Orange County has secured an $11 million refinancing deal. The industrial/flex and office building park spans 176,475 square feet and is located at 223 Imperial Highway. The property sits on 10.3 acres in the Fullerton market.

Summary of transation details

PSRS- Pacific Southwest Realty Services has arranged the $11 million refinancing deal for Sunny Hills Business Park. The loan is a nonrecourse, 10-year loan with a 30-year amortization schedule. The financing was obtained from one of PSRS' correspondent life insurance companies.

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Deals
  • Location
    223 Imperial Highway223 Imperial Highway
  • Loan Value
    $11,000,000$11,000,000
  • Asset Type
    IndustrialIndustrial
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Kostas Kavayiotidis

Kostas Kavayiotidis

Deals2
Financed$20.6M

Agency

PSRS- Pacific Southwest Realty Services

PSRS- Pacific Southwest Realty Services

Agency
Deals26
Volume$591.5M

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Deal Summary

LOAN IMAGE: Kostas Kavayiotidis & Matthew Farzinpour DATE: 12/04/2023 ADDRESS: 223 Imperial Highway MARKET: Fullerton ASSET TYPE: Industrial ~ SF: 176,475 ~ ACRES: 10.3 BROKERS: Kostas Kavayiotidis (@Kostaskavas) & Matthew Farzinpour - PSRS- Pacific Southwest Realty Services (@PSRSLA) LOAN AMOUNT: $11,000,000 LOAN TYPE: Refinance LOAN TERMS: nonrecourse, 10-year loan with a 30-year amortization schedule NOTE: PSRS has arranged an $11 million refinancing deal for Sunny Hills Business Park in Fullerton, Orange County. The industrial/flex and office building park, spanning 176,475 square feet, secured the nonrecourse, 10-year loan with a 30-year amortization schedule from one of PSRS' correspondent life insurance companies.

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223 Imperial Highway

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