Trevan Swierczewski And Alexander Santulis Secure $6.7M Refinance For San Diego Retail Center

A refinance transaction took place for a retail asset located at 3701-3745 Rosecrans Street in San Diego. The property encompasses a total of 65,000 square feet and is anchored by several notable tenants, including Smart & Final, AutoZone, Big 5 Sporting Goods, and a Burger King ground lease. The loan secured for this property amounts to $6,700,000 with a 15-year term, featuring nonrecourse terms and a 15-year amortization schedule.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $6,700,000
• Asset Size: 65,000 square feet
• Address: 3701-3745 Rosecrans Street
• Market: San Diego
• Loan Terms: 15-year term, nonrecourse, 15-year amortization

The refinancing was arranged by brokers Alexander Santulis and Trevan Swierczewski from PSRS - Pacific Southwest Realty Services. They played a crucial role in securing the nonrecourse loan for this retail shopping center.