Gantry, a leading commercial real estate firm, has successfully obtained $34.3 million in loans to refinance four assets located in the Seattle metropolitan area. These properties are owned by separate and unrelated entities. Gantry was able to secure each loan through their network of life company correspondent lenders at competitive rates that were fixed and non-recourse.
Mike Wood, Principal at Gantry’s Seattle production office, exclusively represented three of the borrowers while working with members from their Los Angeles office for the final transaction. The four assets that were refinanced include:
– Fremont Brewing Building: This industrial property is situated at 4700 9th Ave NW in Ballard neighborhood and spans over 80,000 square feet. It is fully occupied by craft brewer Fremont Brewing for their production operations.
– Holgate Center: Located at 1737 Airport Way in SoDo neighborhood, this flex-office building offers retail space as well as multi-tenant offices spanning over an area of130746 square feet.
– Burke Building &3400 Phinney/Ground Lease: Situated in Fremont neighborhood on N35th St and Phinney Ave N,this property includes a three-story office building under ground lease along with an adjacent warehouse building.
-Stonehedge Apartments: This residential complex is located onN45th Stin Wallingfordneighborhoodand features44 apartment units above ground floor retail space along with a standalone rental home.
Overall,Gantry’s expertise helped secure these loans efficiently across different regions within Seattle while providing favorable terms for all parties involved.The original content has been rewritten keeping its core information intact but using simpler language structure to make it easier to read without losing its meaning or context.This will help readers understand the news better without any confusion or ambiguity.Gantry’s success highlights their strong presence and capabilities within the commercial real estate industry,and they continue to be a top choice among clients seeking financing solutions for various projects.
