MOUNTAIN BAY PLAZA IN SILICON VALLEY RECEIVES $55M IN REFINANCING

MOUNTAIN VIEW, CALIF. – Mountain Bay Plaza, a 165,390-square-foot office tower in downtown Mountain View, has received $55 million in refinancing. The Class A tower is located at 444 Castro in Silicon Valley. It was 97 percent leased to tenants like Fenwick & West, Red Hat, PricewaterhouseCoopers and Bank of America.

The fixed-rate loan was arranged by HFF’sBruce Ganong and Walter Chui on behalf of The Swig Company. The loan was placed with John Hancock Real Estate.