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LOS ANGELES — CBRE Capital Markets’ Debt & Structured Finance team has arranged $69 million for the recapitalization of a four-property industrial portfolio totaling 991,634 square feet across the southwestern United States.
Shaun Moothart, Bruce Francis, Jennifer Ansari, Dana Summers, Bob Ybarra and Doug Birrell of CBRE secured the 20-year, 2.13 percent loan on behalf of the borrower, Moulton Co., a family-owned and operated private equity asset management firm based in Southern California.
The portfolio consists of four core industrial assets:
- Harbor Gateway, located at 20100 S. Western Ave. in Torrance, Calif.
- Longley Commerce Center at 6550 Longley Lane in Reno, Nev.
- The Landing at PMG, located at 7613-7753 E. Ray Road in Mesa, Ariz.
- Northgate Distribution Center at 4800 E. Tropical Parkway in Las Vegas
At the time of sale, all four facilities were fully leased.