JLL Capital Markets Arranges $165M Refinance Loan For Mixed-Use Property In San Diego

5510 Morehouse Drive, San Diego, California 92121, United States

$165,000,000

$654/SF

Building Size

252,000 SF

Asset Type

Mixed-use

Closing

Jul 31, 2022

AI

Phase 3 Real Estate Partners and Bain Capital Real Estate have refinanced a mixed-use property portfolio in San Diego. The portfolio, consisting of 5510, 5550, 5580, and 5590 Morehouse Drive, spans a total area of 252,000 square feet.

Summary of transaction details

Property Type: Mixed-use
Transaction Amount: $165,000,000
Market: San Diego
Landlord: Phase 3 Real Estate Partners & Bain Capital Real Estate
Brokers: Tim Wright, Todd Sugimoto & Daniel Pinkus - JLL Capital Markets

The loan amount for this refinancing deal is $165,000,000. The transaction was facilitated by Tim Wright, Todd Sugimoto, and Daniel Pinkus of JLL Capital Markets.

Players