Mariner Court

Location: Torrance, CA
Type: Office
Price: $ 15,700,000

SMC is underwriting a $15,700,000 first mortgage to refinance the property by repaying existing debt in the amount of $15,964,988 and cover closing costs estimated at $350,000. Mariner Court is a 91.9% leased 105,116 SF steel frame three-story office building constructed in 1989, and is located at 3625 Del Amo Blvd in Torrance, CA. The property is yards away from Hawthorne Blvd, one of Los Angeles’ top five retail arterials, and offers convenient access to the San Diego (I-405) Freeway. The loan was closed within three weeks of a signed application.