Property Type Retail
Date January 18, 2016
Terri M. Slocombe, Principal of Gantry, has arranged permanent financing in the amount of $5,000,000. The subject is comprised of a 32,312 SF, eighteen-tenant, strip retail center and and includes four buildings.
Terri M. Slocombe, Principal of Gantry, has arranged permanent financing in the amount of $5,000,000. The subject is comprised of a 32,312 SF, eighteen-tenant, strip retail center and and includes four buildings. The shopping center is located near the northeast corner of the intersection of Berryessa and Lundy Roads in the city of San Jose. Gantry arranged this financing on behalf of the borrower through Genworth Life Insurance Company. Specific terms of the loan were not disclosed. The security consists of a concrete tilt-up industrial building that has a footprint area of 33,349 SF, situated on 148,539 SF. With offices in San Francisco, Los Angeles, Phoenix, Sacramento, Seattle, Irvine, and Las Vegas, Gantry is a privately held full-service commercial mortgage banking firm that provides financing for income-producing properties. Gantry originates and services loans for its correspondent lenders and other insurancecompanies, pension funds, Wall Street conduits and commercial banks which are considered among the strongest and most active institutions in the real estate capital markets. For more information on this transaction please contact Terri Slocombe at (415) 956-9898, or Michael Heagerty (415) 956-9854.