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RIVERSIDE, CALIF. — Clarion Partners has provided a has provided a mezzanine loan that’s part of the acquisition financing package collateralized by an industrial building in Riverside.
An affiliate of Societe Generale arranged the $10 million mezzanine loan subordinate to a $70 million senior loan.
The Class A, 600,000-square-foot facility is fully leased and serves as the headquarters for a third-party logistics provider.