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California  + Orange County  + Finance  | 
Marcus & Millichap Capital Corporation arranged a $6,466,500 acquisition loan for an industrial property located at 1820 S. Santa Fe St in Santa Ana, CA

MMCC Lines Up Acquisition Loan for Santa Ana Industrial

Marcus & Millichap Capital Corporation (MMCC) arranged a $6,466,500 loan for the acquisition of an industrial property located at 1820 S. Santa Fe St in Santa Ana. Richard Knorr, first VP, capital markets, based out of MMCC’s Inland Empire office, secured the financing with a national bank.

“We were able to secure attractive financing for this recently renovated property, including a 6.14% interest rate with a 25-year self-liquidating term,” said Knorr. Marcus & Millichap’s investment sales agents SVP Drew Wetherholt and associate Colin Wu arranged the sale.

Located near the Costa Mesa Freeway, the 19,152-square-foot property is adjacent to several retail shops and other major highways, providing convenient access to the greater Orange County area.

Read More News Stories About: Marcus & Millichap
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MMCC's Knorr

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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