Allied Plaza

Location: La Mesa, CA
Type: Office
Price: $20,500,000

SMC provided a $20,500,000, ten-year fixed rate interest only loan on a multi-tenant office property located in La Mesa, CA. Collateral consisted of 2 buildings totaling 144,000 sf. The buildings were developed in 1983 and 1999. At time of closing, occupancy was 95%. The properties are located approximately 2 miles east of SDSU University and 14 miles east from San Diego International Airport.