Square Mile Capital Management Provides $202.6M Construction Loan For San Diego Office Property

Located at 5889 Oberlin Dr in San Diego, this office property spans 316,000 square feet. The transaction took place on December 15, 2022, and the loan amount was $202,600,000. The loan type for this transaction was a construction loan. The lender involved in the deal was Square Mile Capital Management, represented by Tom Burns, along with Bank OZK. The landlord of the property is Longfellow Real Estate Partners. The brokers Aldon Cole and Patrick Burger from JLL Capital Markets facilitated the transaction.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $202,600,000
• Market: San Diego

Completing the deal, Square Mile Capital Management, represented by Tom Burns, along with Bank OZK, provided a construction loan of $202,600,000 for the office property located at 5889 Oberlin Dr in San Diego. The landlord of the property is Longfellow Real Estate Partners. The brokers Aldon Cole and Patrick Burger from JLL Capital Markets played a crucial role in facilitating the transaction.