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California  + San Diego  + Office  | 

AMP&RSAND Locks In $121M Bridge Loan for Refi

CIM Group has closed a $121.3 million bridge loan to refinance and provide future leasing capital to an affiliate of Westbrook Partners and the Casey Brown Company. The loan was secured for AMP&RSAND, a recently renovated 342,742-square-foot office complex set on 13-acres in the Mission Valley submarket of San Diego.

AMP&RSAND is comprised of two class-A creative office buildings with 1,371 parking spaces and average floor plates of 37,852 square feet, with 14-foot ceilings, floor-to-ceiling windows, and an on-site café and fitness studio.

AMP&RSAND is currently leased to two full-floor tenants that use the space as a regional and corporate headquarters.

The AMP&RSAND financing was arranged by Rob Rubano of Cushman & Wakefield.

For comments, questions or concerns, please contact Lisa Brown

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Financing
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