Location: Coleman Avenue & Brokaw Road
Santa Clara, California
Client:
Hunter Storm Properties, Cupertino, CA
Property:
Single tenant office/R&D facility that comprises 309,440 square feet of buildings on approximately 25 acres of land adjacent to the San Jose International Airport.
Assignment:
Arrange long term fixed-rate financing to acquire the subject asset with flexible prepayment/release provisions in anticipation of future redevelopment or sale.
Challenges:
Single sub-investment grade tenant (being acquired at time of acquisition)
