Gantry Secures $6.2M Refinance Loan For Seattle Office Property

The loan transaction involves the refinance of Lake Union Center, a 65,000-square-foot Class A office property located at 1441 North 34th Street in Seattle, WA. Gantry successfully secured a $6.2 million permanent loan with a 10-year term featuring a fixed rate and 25-year amortization.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $6,200,000
• Address: 1441 North 34th Street
• Market: Seattle, WA
• Brokers: Colin Ceithaml & Mike Wood - Gantry
• Loan Type: Refinance
• Loan Terms: 10-year loan features a fixed rate and 25-year amortization

Colin Ceithaml and Mike Wood from Gantry were the brokers who facilitated the successful securing of the $6.2 million permanent loan to refinance Lake Union Center in Seattle's North Lake Union submarket.