May
14
CBRE Secures $152M Bay Area Office Refi
ByThe owner has repositioned and modernized Rosewood Commons, taking it from 10 percent leased at purchase to 95 percent leased now.
Nearly three years after it acquired the five-building, 863,000-square-foot, Class A office complex in Pleasanton, Calif., Swift Real Estate Partners has refinanced Rosewood Commons with a $152 million loan from a domestic bank secured by the CBRE Capital Markets’ Debt & Structured Finance team.
Formerly known as California Center, Swift has repositioned and modernized the East Bay property taking it from about 10 percent leased at purchase to approximately 95 percent leased now…