Marcus & Millichap Capital Corporation (MMCC) arranged a $6,466,500 loan for the acquisition of an industrial property located at 1820 S. Santa Fe St in Santa Ana. Richard Knorr, first VP of capital markets based out of MMCC’s Inland Empire office secured attractive financing with a national bank that included 6.14% interest rate and 25-year self-liquidating term.
SVP Drew Wetherholt and associate Colin Wu from Marcus & Millichap’s investment sales team facilitated the sale transaction for this recently renovated 19,152-square foot property located near Costa Mesa Freeway with easy access to major highways in Orange County area as well as several retail shops nearby.
“Nonprofit HOPE Program Secures 10-Year Renewal with Assistance from Cresa”
Cresa’s senior advisors, Waite Buckley and Michael Herz, successfully negotiated a 10-year renewal lease for 7,500 square feet at 1