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8/14/15
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Vista Investment Group has obtained $19.5 mil in balance sheet financing for 3100 North First Street, a 99.4k sf, two-story, 100% leased office building located in North San Jose. Brad Zampa, Michael Walker and Megan Woodring of CBRE Capital Market’s Debt & Structured Finance arranged the financing.
CBRE arranged the five-year, non-recourse, floating-rate financing at a competitive spread priced over 30-day LIBOR. The financing was provided by a California-based bank with an extensive track record financing commercial real estate located in Silicon Valley.
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