Invesco Real Estate Provides $575M Construction Loan For Gemdale USA's Office Development In San Diego, CA

6040 Edgewood Bend Court, San Diego, California 92130, United States

$575,000,000

Building Size

—

Asset Type

Office

Closing

Oct 9, 2022

AI

Located at 6040 Edgewood Bend Court in San Diego, CA, this office property spans across 15.7 acres. The transaction took place on October 10, 2022. The asset type is an office building.

Summary of transaction details

Property Type: Office
Transaction Amount: $575,000,000
Lender: Invesco Real Estate - Charlie Rose & Justin Chausse; Bank OZK
Landlord: Gemdale USA
Broker: Eastdil Secured

The loan, amounting to $575,000,000, was provided by Invesco Real Estate, with representation by Charlie Rose and Justin Chausse, along with Bank OZK. The loan type is a construction loan.

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