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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
- ◦Financing


