Equity Oak Ventures Secures $12.25 Million Loan For Mixed-Use Portfolio In San Diego County

The property asset involved in this transaction includes a mixed-use portfolio consisting of four buildings located at 11225, 11235, 11245 West Bernardo Court and 1900 Aston Avenue. The total square footage of the portfolio is 87,622 with a loan amount of $12,250,000 confirmed through three-year, fixed-rate financing. The portfolio encompasses both an industrial campus of 42,865 square feet in Rancho Bernardo and a 44,757-square-foot R&D facility in Carlsbad, both of which were acquired in May 2023 and are fully leased.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $12,250,000
• Market: San Diego & Carlsbad
• Landlord: Equity Oak Ventures
• Asset Size: 87,622 square feet
• Loan Terms: three-year, fixed-rate
• Broker Representatives: Alex Witt, Chris Collins & Daniel Pinkus - JLL

JLL Capital Markets was responsible for arranging the financing for this fully leased portfolio, highlighting their role in structuring such transactions in the San Diego County market. The involvement of Equity Oak Ventures as the landlord underscores their ownership and management of the properties within this portfolio.