Unico Secures $35 Million Loan For 305000 SF Office At 1201 Pacific Avenue Tacoma WA

The asset involved in this transaction is an office property located at 1201 Pacific Avenue in Tacoma, WA. The total square footage of the property is 305,000, with a loan amount of $35,000,000. The loan is structured as a 10-year, fixed rate, non-recourse agreement.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $35,000,000
• Loan Terms: 10-year, fixed rate, non-recourse
• Address: 1201 Pacific Avenue
• Market: Tacoma, WA
• Landlord: Unico
• Brokers: Mike Taylor & Jeff Ballaine - Gantry

Key individuals involved in this transaction include the landlord Unico and brokers Mike Taylor and Jeff Ballaine, who represent the parties in this deal through Gantry. Their role highlights the professional involvement necessary to facilitate the transaction.