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12/06/24
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Unico has refinanced 1201 Pacific, a 305k sf, Class A office tower in Tacoma, WA, with a new loan for $35 mil.
The LEED Gold certified building is nearly 90% leased. Rising above the Tacoma skyline in the heart of the port city’s CBD, the 25-story tower offers panoramic views of Commencement Bay, Mt. Rainier and both the Olympic and Cascade Mountains.
Gantry’s Mike Taylor and Jeff Ballaine arranged the transaction for the borrower. The 10-year, fixed rate, non-recourse loan was provided by an insurance company lender.
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