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

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FINANCED
$12,500,000
Jenny Barger

California

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Office8,678 SF
Financed 02/27/2026
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Property Image
FINANCED

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

6035 Bristol Parkway & 6071 Bristol Parkway

See Similar Deals
Office8,678 SF
Financed 02/27/2026
Jenny Barger
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$1,440
Total Square Footage:8,678 SF
Transaction Type:Loan

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
14 deals$398M volume
BROKER

Jenny Barger
JLL
1 deal$12.5M volume
BROKER


Wells Fargo
LENDER

Details

FINANCED
IMAGE: Alex Olson & Jenny Barger DATE: 02/27/2026 ADDRESS: 6035 Bristol Parkway & 6071 Bristol Parkway MARKET: Culver City, CA; Seattle & Austin ASSET TYPE: Office ~ SF: 52,845 LENDER: Wells Fargo LANDLORD: Security Industry Specialists BROKERS: Alex Olson & Jenny Barger - JLL (@JLL) LOAN AMOUNT: $12,500,000 LOAN TYPE: Refinance LOAN TERMS: 5

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$12,500,000.00

Monthly NOI$83,333.33
Monthly Debt Service$79,008.50
Change in Cash Flow$0.00
Refinance Proceeds$0.00