Amegy Bank Provides $4.5 Million Loan For Medical Office Building In League City

A refinancing loan was arranged for a medical office building located at 3033 Marina Bay Drive in League City. The asset encompasses a total of 26,670 square feet, and the loan amount secured was $4,500,000. The property is currently 94.5% leased.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $4,500,000
• Address: 3033 Marina Bay Drive
• Market: League City
• Lender: Amegy Bank
• Landlord: Creative Equities
• Broker: Tyler Morss - Cushman & Wakefield

Cushman & Wakefield facilitated the refinancing loan provided by Amegy Bank on behalf of the landlord, Creative Equities, based in Miami. The transaction supports the continued operation of the leased medical office property.