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6035 Bristol Parkway

Wells Fargo Provides $12.5 Million Refinance Loan For Security Industry Specialists Office In Culver City
FINANCEDOffice

Wells Fargo Provides $12.5 Million Refinance Loan For Security Industry Specialists Office In Culver City

6035 Bristol Parkway & 6071 Bristol Parkway

$12,500,000

$1,440/SF

Building Size

8,678 SF

Asset Type

Office

Closing

Feb 27, 2026

AI

The property involved in the transaction consists of office assets located at 6035 Bristol Parkway and 6071 Bristol Parkway in Culver City, CA. The total square footage of the assets is 52,845. The refinance loan amount secured for the property is $12,500,000 with a loan term of 5 years. The lender for this transaction is Wells Fargo.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $12,500,000
  • Loan Type: Refinance
  • Loan Terms: 5 years
  • Lender: Wells Fargo
  • Landlord: Security Industry Specialists
  • Brokers: Alex Olson & Jenny Barger - JLL
  • Market: Culver City, CA; Seattle & Austin

Key individuals facilitating this transaction include brokers Alex Olson and Jenny Barger from JLL, representing the landlord Security Industry Specialists in this refinancing deal. Their involvement highlights the professional relationships established within the market across multiple locations which include Culver City, Seattle, and Austin.

Players

Alex Olson

JLL

Broker

$398M

vol

14 deals

Broker

Charles Wilmot

Lender

$12.5M

vol

1 deal

Lender
Wells Fargo
Wells FargoLender

Culver City Office Market Snapshot

Boundary boundary · Office · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.27%

Cash-on-Cash

-0.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93