Class A Office Building at 750 Moffett Secures $147.5M Refinancing
Commercial brokers have arranged $147.5 million in refinancing for a newly built, fully leased office property in Moffett Park.
Financing teams at CBRE have arranged $147.5 million in new financing for 750 Moffett, a recently completed Class A office development situated in Mountain View's Moffett Park corridor. The property spans approximately 221,788 square feet and holds LEED Platinum certification.
The transaction combined senior debt and Commercial Property Assessed Clean Energy financing on behalf of ownership groups Genesis Commercial Capital and JR-AMC. The facility is fully occupied under a long-term lease by an established technology tenant.
Real estate representatives indicated that the successful refinancing reflects continued investor confidence in high-quality, energy-efficient Silicon Valley commercial properties with stable occupancy.