FINANCED
City National Bank & CDC Small Business Finance Provide $10.4M Acquisition Loan For Glendale Office Property
310 East Colorado Street
Office
24,174 SF
24,174 SF
Financed 1 year ago
Summary
Loan
CALIFORNIA
Office
24,174 sqft
Located at 310 E. Colorado St. in Glendale, this office property spans across 24,174 square feet. The transaction, which took place on April 28, 2022, involved an acquisition loan for the property.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $10,385,000
- Market: Glendale
The loan for this acquisition was provided by City National Bank and CDC Small Business Finance. John Choi and Antonio Hachem from George Smith Partners were the brokers representing the parties involved in the deal.
Note: The loan was an owner-user acquisition financing through the SBA 504 program, facilitated by City National Bank.
Players
All
4
Agents
2
Agencies
2
Details
FINANCED
IMAGE: John Choi & Antonio Hachem
DATE: 04/28/2022
ADDRESS: 310 E. Colorado St.
MARKET: Glendale
ASSET TYPE: Office ~ SF: 24,174
LENDER: City National Bank (@CityNationalBank) & CDC Small Business Finance(@CDCLoans)
BROKERS: John Choi & Antonio Hachem - George Smith Partners
LOAN AMOUNT: $10,385,000
LOAN TYPE: Acquisition
LOAN TERMS: Owner-user acquisition financing via SBA 504 program. City National BankView on map
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Address310 East Colorado Street
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