Gantry has arranged financing in the amount of $12,230,000 for the Sylmar Cascades industrial building located in Sylmar, CA.

Terri Slocombe, a Principal in the San Francisco office, and Braden Turnbull, a Principal in the Los Angeles office, arranged the permanent financing for the 200,632 square foot building that was constructed in 2001 and is currently occupied by three tenants.

The financing provides a 10-year fixed rate term with a 25-year amortization, and was placed with State Farm Life Insurance Company.

With offices in San Francisco, Los Angeles, Irvine, Sacramento, Seattle, Las Vegas and Phoenix, 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 approximately 50 employees in seven regional offices throughout the western United States. The company services over $6 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 Terri Slocombe, License # 976248 at (415) 956-9898, Braden Turnbull, License # 01132723 at (310) 846-5301 or Michael Heagerty, License # 1106381 at (415) 956-9854. Gantry License # 01188877.