JLL Arranges $82.46M Refinancing For Sunroad Centrum Office Tower In San Diego

The Sunroad Centrum Office Tower in San Diego, located at 8620 Spectrum Center Boulevard, spans approximately 274,758 square feet on a 1.47-acre property. The office building, fully leased and standing 11 stories tall, recently underwent successful repositioning efforts. Key tenants include the Veterans Administration, and the property offers extensive amenities.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $82,460,000
• Market: San Diego
• Lender: Goldman Sachs
• Landlord: Dan Feldman - Sunroad Enterprises
• Broker: Aldon Cole, Bharat Madan & Tim Wright - JLL
• Loan Type: Refinance
• Loan Terms: Five-year, fixed-rate

JLL Capital Markets played a significant role in arranging the $82.46 million refinancing deal through Goldman Sachs for Sunroad Centrum Office Tower. The involvement of Sunroad Enterprises, led by Dan Feldman, as the landlord highlights the strategic decisions made in a challenging market environment, showcasing successful repositioning efforts.