Brief
Sterling Bay Partnership Secures $290M Financing for Sorrento Mesa’s Pacific Center
Newmark and Sterling Bay have finalized the $290-million refinancing of Pacific Center, a newly built, Class A life sciences campus in San Diego’s Sorrento Mesa. The refii includes $162.5 million of f
Newmark and Sterling Bay have finalized the $290-million refinancing of Pacific Center, a newly built, Class A life sciences campus in San Diego’s Sorrento Mesa. The refii includes $162.5 million of future funding, providing substantial leasing and carry reserves to support continued occupancy growth, according to Newmark. Newmark co-president of Global Debt & Structured Finance... The post Sterling Bay Partnership Secures $290M Financing for Sorrento Mesa’s Pacific Center appeared first
Source
- Connect CREconnectcre.com
