Braden Turnbull and Demetri Koston of Gantry, have arranged owner-user acquisition financing in the amount of $7,200,000 for a 44,100 square foot freestanding office/industrial property located in San Jose, California. The property was acquired by the tenant, Rosendin Electric, Inc., one of the largest electrical contractors in the nation. The property serves as the company’s headquarters. Gantry represented the company on an exclusive basis and arranged the financing through a life insurance company. Gantry was able to secure the loan and fix the interest rate about six months prior to funding. Other specific terms of the loan were not disclosed. The security consists of a three-story office building plus approximately three acres of industrial yard space. Gantry is a full service mortgage banking firm with a strong lineup of correspondent lenders utilizing Gantry’s production, closing and servicing capabilities. Established in November 1991, Gantry is currently staffed by over 50 employees in regional offices throughout the western United States. The company services over $6 billion representing 800 loans. Gantry has been rated as a Primary Servicer by Standard and Poor’s and is one of a select few non-banking / non-insurance chartered companies with this designation. For more information on this transaction please contact Braden Turnbull at (310) 846-5301, Demetri Koston at (310) 846-5306 or Michael Heagerty at (415) 956-9854.