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3000 Oakmead Village Drive
FINANCED

Gantry Secures $5.2M Refinance Loan For 19.7K SF Office Property In Santa Clara

3000 Oakmead Village Drive

Office
19,700 SF
clock iconFinanced 209 days ago
Murphy Osborne
Alex Poulos
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Summary

Loan
CALIFORNIA
Office
19,700 sqft

Murphy Osborne & Alex Poulos of Gantry secured a $5.2 million loan to refinance a 100% leased flex office/R&D property in Santa Clara. The property, located at 3000 Oakmead Village Drive, has a total area of 19,700 square feet and is situated in the Santa Clara market. This office space is adjacent to Qualcomm's Silicon Valley campus, making it a highly desirable location.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $5,200,000
  • Loan Type: Refinance
  • Loan Terms: 10-year, permanent loan with an attractive fixed rate and a 20-year amortization.

Gantry, represented by brokers Murphy Osborne & Alex Poulos, was able to secure the 10-year loan from one of their correspondents. The loan's favorable terms, with a fixed rate and extended amortization period, reflect Gantry's efforts to find suitable office loan options in the post-COVID real estate landscape. This successful refinance deal demonstrates Gantry's expertise in navigating and securing financing for commercial properties.

Players

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    3

  • Agents

    2

  • Agencies

    1

Murphy Osborne's profile picture
Murphy Osborne
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Director
Alex Poulos's profile picture
Alex Poulos
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Associate
Gantry's profile picture
Gantry
Gantry

Details

Deal Summary
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FINANCED
IMAGE: Murphy Osborne & Alex Poulos DATE: 10/13/2023 ADDRESS: 3000 Oakmead Village Drive MARKET: Santa Clara ASSET TYPE: Office ~ SF: 19,700 BROKERS: Murphy Osborne & Alex Poulos - Gantry (@Gantry_Inc) LOAN AMOUNT: $5,200,000 LOAN TYPE: Refinance LOAN TERMS: 10-year, permanent loan with terms including an attractive fixed rate locked earlier this year and 20-year amortization. NOTE: Gantry secured a $5.2 million loan to refinance a 100% leased flex office/R&D property in Santa Clara, adjacent to Qualcomm's Silicon Valley campus. The 10-year loan, provided by a Gantry correspondent, offers an attractive fixed rate and 20-year amortization, reflecting their efforts to find suitable office loan options in the post-COVID real estate landscape.

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