Clay Goldthwait & Hiren Naik Of Bolour Associates Close $16.5 Million Office Acquisition In San Diego

The asset involved in the transaction is an office property located at 530 B Street, San Diego, measuring 250,000 square feet. The loan amount secured for the acquisition is $16,500,000 with a loan type classified as acquisition and loan terms set for 18 months.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $16,500,000
• Loan Type: Acquisition
• Loan Terms: 18 Months
• Address: 530 B Street
• Market: San Diego
• Square Footage: 250,000
• Lender: Clay Goldthwait & Hiren Naik - Bolour Associates, Inc.
• Broker: Malcolm Davies & Alexander Rossinsky - WAY Capital

BOLOUR financed the office acquisition in less than five weeks, demonstrating their development expertise. The team consists of Clay Goldthwait, who can be contacted at 323-677-0550 ext.121 and via email at [email protected], and is ready to address year-end financing needs. BOLOUR is characterized as an asset-based bridge lender focused on urban infill primary and secondary markets.