Gary Katz Of Presidio Property Trust Refinances One Park Center Office In Westminster For $6.1M

The property involved in this transaction is an office asset located at 1333 West 120th Avenue, Westminster, CO. The loan amount secured for this refinance transaction is $6,100,000. The asset is part of One Park Center, which is under the ownership of Presidio Property Trust.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $6,100,000
• Landlord: Gary Katz - Presidio Property Trust
• Loan Type: Refinance
• Interest Rate: 6.83%
• Loan Duration: Five years
• Payment Structure: Six months of interest-only payments
• Prepayment Penalty: None
• Closing Date: September 4, 2025

This refinancing deal was facilitated by Gary Katz, representing Presidio Property Trust, marking a significant financial maneuver for the company in managing its office property portfolio.