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FINANCED

Marcus & Millichap Refinances Office Property In Pasadena For $15M

960 east green street

Office
73,864 SF
Stefen Chraghchian
Sharone Sabar
the dealplayerscompscontact

Summary

Loan
CALIFORNIA
Office
73,864 sqft

An office property located at 960 East Green Street in Pasadena was recently involved in a closed transaction. The property spans across 73,864 square feet, making it a sizable asset in the market.

Summary of transaction details

The loan associated with this transaction amounted to $15,000,000. It was classified as a refinance loan with a fixed rate of 6.00%. The loan terms included a 3-year fixed period and had no prepayment penalties. Furthermore, the loan was non-recourse, providing additional financial security to the parties involved.

If you would like more information about this transaction, feel free to reach out to Stefen Chraghchian from Marcus & Millichap at [email protected] or by calling 818-319-5749.

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Stefen Chraghchian's profile picture
Stefen Chraghchian
Marcus & Millichap-image
Senior Director

Details

Deal Summary
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FINANCED
IMAGE: Stefen Chraghchian & Sharone Sabar DATE: 12/21/2022 ADDRESS: 960 East Green Street MARKET: Pasadena ASSET TYPE: Office ~ SF: 73,864 BROKERS: Stefen Chraghchian (@Stefen_chra) & Sharone Sabar - Marcus & Millichap LOAN AMOUNT: $15,000,000 LOAN TYPE: Refinance LOAN TERMS: 6.00% Rate, 3-YR Fixed, No Prepay, Non-Recourse NOTE FROM BROKER: Contact me for more information: [email protected] / 818-319-5749

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Address960 east green street

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