facebook


Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Office

/

Loan

/

611 Cowper Street

Updated Jul 2, 2025

Gantry Arranges $32 Million Refinance Loan For 611 Cowper Street Office Building In Palo Alto
FINANCEDOffice

Gantry Arranges $32 Million Refinance Loan For 611 Cowper Street Office Building In Palo Alto

611 Cowper Street

$32,000,000

Building Size

—

Asset Type

Office

Closing

Jul 1, 2025

About this deal

AI

611 Cowper Street is a fully leased Class A office building located in downtown Palo Alto, comprising 30,000 square feet of office space. The property is certified LEED Silver and is currently 100% occupied by Amazon under a long-term lease.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $32,000,000
  • Loan Type: Refinance
  • Loan Terms: 8.5-year, non-recourse
  • Market: Palo Alto
  • Brokers: Jeff Wilcox & Andrew Ferguson - Gantry

Gantry facilitated the financing of the refinance for 611 Cowper Street through a national insurance company. The loan will serve to provide permanent financing for the property, which is an integral asset in the office space market of Palo Alto.

On the Map

Open live map

$32,000,000

Office

View full map

Players

Jeff Wilcox

Gantry

Broker

$383.7M

vol

12 deals

Broker
Gantry
GantryBrokerage
Amazon
AmazonTenant
Bilt advertisement

Palo Alto Office Market Snapshot

Boundary boundary · Office · Loan transactions

Loading comparables…

Deal FAQ

Visit Andrew Ferguson to view all their deals.

Browse Palo Alto office loans on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.50%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets