CBRE Arranges $28 Million Loan For Jamboree Promenade Retail Center Refinancing In Irvine

The Jamboree Promenade, a retail center encompassing 57,314 square feet, is located at 2626–2646 Dupont Drive in Irvine, California. A refinance transaction for the property was executed at a loan amount of $28 million, with a seven-year fixed-rate loan structure in place.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $28,000,000
• Asset Size: 57,314 SF
• Address: 2626-2646 Dupont Drive
• Market: Irvine
• Loan Type: Refinance
• Loan Terms: seven-year, fixed-rate
• Brokers: Shaun Moothart, Bruce Francis, Robert Ybarra, Doug Birrell & Nick Santangelo - CBRE
• Lender: Undisclosed
• Investor: Singapore-based

CBRE’s team, consisting of Shaun Moothart, Bruce Francis, Robert Ybarra, Doug Birrell, and Nick Santangelo, facilitated the financing on behalf of a Singapore-based investor, ensuring the refinancing of the property under favorable terms.