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650-700 Pacific Coast Highway
FINANCED

Vella Group And London & Regional Properties Secure $26M Loan For El Segundo R&D/Office Complex

650-700 Pacific Coast Highway

Office
2,000,000 SF
clock iconFinanced 1 year ago
Michael Malik
Felix Gutnikov
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Summary

Loan
CALIFORNIA
Office
2,000,000 sqft

An R&D/Office Complex located at 650-700 Pacific Coast Hwy in El Segundo has been involved in a recent loan transaction. The property, spanning 200,000 square feet, was subject to a 24-Month Bridge Loan worth $26,000,000. The loan was secured by the Vella Group, London & Regional Properties, who serve as the property's landlords. The lender in this transaction was Thorofare Capital, represented by Felix Gutnikov. Broadway Capital, represented by Michael Malik, also played a role in the deal.

Summary of transation details:

  • Property Type: R&D/Office Complex
  • Loan Amount: $26,000,000
  • Square Footage: 200,000

Felix Gutnikov from Thorofare Capital and Michael Malik from Broadway Capital acted as the brokers in this transaction, representing the lender and playing a key role in the deal.

Players

  • All

    4

  • Agents

    2

  • Agencies

    1

  • Lenders

    1

Michael Malik's profile picture
Michael Malik
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Co Founder

Details

Deal Summary
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FINANCED
IMAGE: Zach Vella, Richard Livingstone, Felix Gutnikov & Michael Malik DATE: 06/18/2020 ADDRESS: 650-700 Pacific Coast Hwy MARKET: El Segundo ASSET TYPE: R&D/Office Complex LENDER: @ThorofareCapital LANDLORD: Vella Group, London & Regional Properties BROKERS: Felix Gutnikov – Thorofare Capital, Michael Malik – Broadway Capital […] LOAN AMOUNT: $26,000,000 SF: 200,000 LOAN TERMS: 24-Month BridgeLoan

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Address650-700 Pacific Coast Highway

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