Gantry has arranged permanent refinancing in the total amount of $3,500,000 for a 96,745 square foot, single tenant industrial property located in Vista, California.

James Dick, a Vice President of Gantry, arranged the refinancing for the property used primarily by the tenant as a cold-storage facility. The property includes a 50,000 square foot freezer, a 10,000 square foot refrigerator and a 5,000 square foot USDA meat and seafood prep facility as well as office space and 136 parking spaces. The lender was a correspondent insurance company of Gantry. Terms and pricing were not disclosed.

Gantry is a full service mortgage banking firm with a strong lineup of correspondent lenders utilizing Gantry’s production, closing and servicing capabilities. In addition to arranging loans, Gantry is active in loan restructuring assignments through its Debt Advisory Group. Established in November 1991, Gantry is currently staffed by approximately 50 employees in seven regional offices throughout the western United States. The company services over $5.5 billion with nearly 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 James Dick at (858) 794-1418 or Michael Heagerty at (415) 956-9854.