Goldman Sachs provides $80M refi for Marina Del Rey office campus
A creative office campus in Marina Del Rey received $80 million in refinancing from Goldman Sachs. Continental Development and Mar Ventures, owners of the Del Rey Campus property, secured an $80 million first mortgage loan from Goldman Sachs, Commercial Observer reported. Goldman Sachs’ five-year, fixed-rate, interest-only loan refinances the development’s construction loan. The 162,031-square-foot complex spans three buildings and was completed roughly six years ago. The World Surf League has its headquarters at the Del Rey Campus, and video game giant Electronic Arts also has an outpost at the property at 4800 Alla Road. Centrl Office, a Portland, Oregon-based co-working […]This article originally appeared on The Real Deal. Click here to read the full story.
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