Sunny Sajnani Arranges $46.4M Construction Loan For Office In Pensacola | 5045 Commerce Park Circle | Sunny Sajnani | Office | Loan

Summary

Loan

FLORIDA

Office

Located in Pensacola, the office property at 5045 Commerce Park Circle recently secured a loan for its construction. The deal was facilitated by broker Sunny Sajnani from Marcus & Millichap Capital Corp. The loan amount was $46,400,000.

Summary of transaction details

Property Type: Office
Transaction Amount: $46,400,000

The 15-month construction loan will be followed by a 25-year, self-amortizing loan. This financing arrangement will support the development of the office property at 5045 Commerce Park Circle, allowing it to be completed and ready for use. Sunny Sajnani from Marcus & Millichap Capital Corp played a key role in securing this loan, ensuring that the project could proceed as planned.

Players

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2

Agents
1
Agencies
1

Sunny Sajnani

Senior Managing Director

Marcus & Millichap

Details

Deal Summary

FINANCED

IMAGE: Sunny Sajnani DATE: 02/16/2022 ADDRESS: 5045 Commerce Park Circle MARKET: Pensacola ASSET TYPE: Office BROKER: Sunny Sajnani - Marcus & Millichap Capital Corp. LOAN AMOUNT: $46,400,000 LOAN TYPE: Construction Loan LOAN TERMS: 15-month construction loan followed by a 25-year, self-amortizing loan

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Address5045 Commerce Park Circle

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