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12/24/20
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Moulton Company has secured a $69 mil recapitalization on a four-property industrial portfolio totaling 991.6k sf in the southwestern United States. The money was arranged by CBRE Capital Markets’ Debt & Structured Finance.
The portfolio consists of four core industrial assets located in some of the strongest industrial markets in the country. It includes:
• Harbor Gateway located at 20100 S. Western Ave in Torrance, CA
• Longley Commerce Center located at 6550 Longley Lane in Reno, NV
• The Landing at PMG located at 7613-7753 E. Ray Road in Mesa, AZ
• Northgate Distribution Center located at 4800 E. Tropical Parkway in Las Vegas, NV
All four facilities were fully leased at the time of the deal closing.
CBRE’s Shaun Moothart, Bruce Francis, Jennifer Ansari, Dana Summers, Bob Ybarra and Doug Birrell arranged the 20-year, 2.13% loan on behalf of Moulton Company, a family owned and operated private equity asset management firm based in Southern California.
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