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15902 Woodinville Redmond Road Northeast
FINANCED

Pacific Coast Capital Partners Provides $25M Loan To CapRock Partners For Industrial Acquisition

15902 Woodinville Redmond Road Northeast

Industrial
159,869 SF
clock iconFinanced 86 days ago
Kaden Eichmeier
Peter Thompson
Greg Brown
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Summary

Loan
WASHINGTON
Industrial
159,869 sqft

The Reserve at Woodinville, a fully leased Class A industrial building located at 15902 Woodinville Redmond Road Northeast in Woodinville, WA, covering 159,869 square feet, has been acquired by CapRock Partners with the assistance of a $25 million loan from Pacific Coast Capital Partners (PCCP), furnished by Dorian Farhang.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $25,000,000
  • Loan Type: Acquisition
  • Loan Terms: non-recourse loan
  • Lender: Dorian Farhang - Pacific Coast Capital Partners (PCCP)
  • Landlord: Patrick Daniels - CapRock Partners
  • Brokers: Greg Brown, Kaden Eichmeier & Peter Thompson - JLL

The $25 million loan was provided by Pacific Coast Capital Partners (PCCP) to CapRock Partners for the acquisition of The Reserve at Woodinville. The transaction was facilitated with the expertise of brokers Greg Brown, Kaden Eichmeier, and Peter Thompson from JLL, representing the parties involved in the deal.

Players

  • All

    5

  • Agents

    3

  • Agencies

    1

  • Lenders

    1

Kaden Eichmeier's profile picture
Kaden Eichmeier
JLL-image
Director
Greg Brown's profile picture
$234M Sold

Details

Deal Summary
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FINANCED
IMAGE: Dorian Farhang, Patrick Daniels, Greg Brown, Kaden Eichmeier & Peter Thompson DATE: 02/05/2024 ADDRESS: 15902 Woodinville Redmond Road Northeast MARKET: Woodinville, WA ASSET TYPE: Industrial ~ SF: 159,869 LENDER: Dorian Farhang - Pacific Coast Capital Partners (PCCP) LANDLORD: Patrick Daniels - CapRock Partners BROKERS: Greg Brown, Kaden Eichmeier & Peter Thompson - JLL LOAN AMOUNT: $25,000,000 LOAN TYPE: Acquisition LOAN TERMS: non-recourse loan NOTE: PCCP, LLC has furnished a $25 million loan to CapRock Partners for acquiring The Reserve at Woodinville, a fully leased Class A industrial building in Woodinville, Washington, covering 159,869 square feet.

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Address15902 Woodinville Redmond Road Northeast

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