Jan
19
SF Disney Store Building Changes Hands
ByHFF worked on behalf of the buyer, placing a $16 million loan with Mesa West Capital.
39 Stockton St., San Francisco
San Francisco—Mesa West Capital recently announced that, together with one of its U.S. pension fund partners, has provided a $16 million first mortgage debt to Vanbarton Group for the acquisition of a retail property in San Francisco. The building is fully leased to The Walt Disney Co.
The five-year floating-rate loan was originated out of the firm’s Mesa West Real Estate Income Fund IV LLC. The West Coast origination team was led by Ronnie Gul, the company’s principal. The financing was arranged by John Churchward, HFF’s San Francisco president…