Regency Capital Partners

Moffett@237


Moffett@237

Summary

Regency Capital Partners (RCP) arranged non-recourse construction financing for the development of this 250,000 SF, Class A, trophy office building in the famed Moffett Park submarket of Sunnyavle, one of the most prestigious and resilient office markets in the U.S. with extremely low transaction volume, limited inventory and high concentration of tenant demand. Despite the "spec" nature of the project, RCP secured non-recourse financing at a favorable interest rate for the Borrower.


Transaction Details

LOAN AMOUNT $98,000,000
FINANCING TYPE Construction
LENDER TYPE Private Fund
PROPERTY TYPE Office
PROPERTY ADDRESS
Map
205 Moffett Park Drive
Sunnyvale, CA
PROPERTY DESCRIPTION This is a 250,000 SF, Class A office development in the Moffett Park area of Sunnyvale, CA.