Jun
13
CBRE Secures Financing for Cupertino Office Building
ByHarbor Group International LLC is set to acquire an 88,580-square-foot asset in the heart of Cupertino, Calif. CBRE’s Shawn Rosenthal secured a ten-year interest-only loan provided by JP Morgan.
CBRE Capital Markets has secured $45 million in long-term financing for the acquisition of Torre Plaza, an 88,580-square-foot office building in Cupertino, Calif. At the time of sale, the property was fully occupied by Amazon. CBRE’s Shawn Rosenthal secured the loan on behalf of an affiliate of Harbor Group International LLC. The ten-year interest-only loan was provided by JP Morgan…