The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
March 29, 2024
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



FINANCING NEWS
Printer-friendly Version   Email an Associate
San Diego Office Property Refinanced with New $44.75 Mil Loan

4/26/18

Manchester Financial Group has secured a $44.75 mil refi loan on its Manchester Financial Centre, a 160k sf, office property in San Diego.

Originally built in1965, the storied 12-story building is located at 2550 Fifth Ave, in the city’s Bankers Hill submarket. The building houses Bertrand at Mister A’s fine dining restaurant and is the headquarters for Manchester Financial Group. Amenities include a fitness center, on-site coffee shop, valet parking, storage and bike racks.

The new 10-year, fixed-rate loan was arranged by Mark McGovern, Scott Peterson and Brian Cruz of CBRE’s San Diego office.

“Since acquisition, Manchester has instituted a capital expense program to continuously upgrade the property including a new and upgraded façade and entrance, new lobby finishes and places to gather, and new creative tenant buildouts for prospective companies,” said Mr. McGovern. “The building successfully competes with other local and downtown projects due to its unobstructed views of the bay, higher parking count and convenient access to downtown San Diego.





Return to the Archive page
 
 
 
 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media