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4/01/26
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Del Rey Campus, a 162k sf creative office campus located in the West Los Angeles submarket of Marina del Rey, has been refinanced with a new $80 mil first mortgage loan that will take out an existing construction loan on the property.
Located at 4800 Alla Rd, at the intersection of Alla and Panama St, Del Rey Campus offers flexibility for both full floor and multi-tenant buildouts. All three buildings feature a 21-foot clear space with exposed ceilings, and generous balconies, as well as ground floor patios and a spacious courtyard with an abundance of open green space for outdoor meetings.
The project also contains an onsite café, a fitness center with men’s and women’s locker rooms along with secured bicycle and surfboard storage areas. Tenants in the property include the global headquarters for the World Surf League, the westside location for CENTRL Office, a co-working operator based in Portland, Oregon and a large video game studio.
The campus is immediately adjacent to the Marina Freeway (CA-90) and Culver Blvd, providing convenient access to Marina del Rey, Playa Vista and Culver City. These vibrant submarkets are part of “Silicon Beach,” home to over 500 technology companies.
The five-year, fixed-rate, interest-only financing was arranged by Sonnenblick-Eichner Company and funded through Goldman Sachs. The project was developed in 2020 by the sponsor, a joint venture consisting of Continental Development Corporation and Mar Ventures Inc.
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