Gantry Secures $11.3M Loan To Refinance Multi-Tenant Office Tower In Berkeley | 2855 Telegraph Avenue | Tony Kaufmann, Alex Poulos | Office | Loan

Summary

Loan

CALIFORNIA

Office

83,557 sqft

Located at 2855 Telegraph Avenue in Berkeley, a multi-tenant office tower has recently undergone a successful refinancing. The six-story building offers a total of 83,557 square feet of space and is home to over 35 tenants. The loan obtained for this property provides stability and financial flexibility, replacing a maturing CMBS loan. The refinancing deal has been facilitated by Tony Kaufmann and Alex Poulos of Gantry.

Summary of Transaction Details

Property Type: Office
Transaction Amount: $11,300,000
Market: Berkeley
Loan Type: Refinance
Loan Terms: 30-year, fixed-rate loan

Gantry, a leading brokerage firm, was able to secure an $11.3 million permanent loan for the property, ensuring stability and financial flexibility for the building's tenants. Tony Kaufmann and Alex Poulos, representing Gantry, played a crucial role in facilitating this refinancing deal for the multi-tenant office tower in Berkeley.

Players

All
3

Agents
2
Agencies
1

$7.3M Sold

Details

Deal Summary

FINANCED

IMAGE: Alex Poulos & Tony Kaufmann DATE: 06/21/2023 ADDRESS: 2855 Telegraph Avenue MARKET: Berkeley ASSET TYPE: Office ~ SF: 83,557 BROKERS: Tony Kaufmann & Alex Poulos - Gantry (@Gantryrc) LOAN AMOUNT: $11,300,000 LOAN TYPE: Refinance LOAN TERMS: 30-year, fixed-rate loan NOTE: Gantry has secured an $11.3 million permanent loan to refinance a multi-tenant office tower in Berkeley. The six-story building accommodates over 35 tenants and the new loan provides stability and financial flexibility, replacing a maturing CMBS loan.

View on map

Address2855 Telegraph Avenue

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want