High-rise commercial buildings

Sub Markets

Property Sectors

Topics

California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
California  + Industrial  | 

Keystone Closes $69M Construction Loan Infill Logistics Facility

Keystone Mortgage Corp. closed a $69-million construction loan on behalf of San Dimas, CA-based Yellow Iron Investments for Arcadia Logistics Center, an 82-acre industrial project in Arcadia, CA. The former gravel quarry was reclaimed by an affiliate of the borrower over the last 10 years and entitled for development.

Upon completion in late 2017, the more than $235-million project will include three Class A industrial buildings totaling 698,000 square feet, situated on 40 acres of the site. The remaining 42 acres is ground leased to a national build-to-suit developer.

The financing was awarded to a large insurance company. The loan has a 3-year initial term with two, 1-year extension options and is interest only.

Keystone’s Nick Viscount, Scott Pierson and Lori Wendel arranged the financing.

For comments, questions or concerns, please contact Dennis Kaiser

Connect

Inside The Story

Read more at Arcadia Logistics CenterConnect With Keystone Mortgage’s ViscountConnect With Yellow Iron Investments

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Financing
  • ◦Development
New call-to-action
New call-to-action
New call-to-action