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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.
- ◦Financing


