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| Gainey Ranch Corporate Center II is positioned on a 7.57-acre site at 8877 N Gainey Center Drive within the Gainey Ranch Corporate Center, which comprises 500,000 SF of office space |
PHOENIX, AZ – JLL Capital Markets has arranged $29,175,000 in financing for Gainey Ranch Corporate Center II, a Class A office property totaling 203,642 square feet in Scottsdale, Arizona.
JLL worked on behalf of the borrower, Dansons, LLC, to
secure the long-term, non-recourse, fixed-rate acquisition loan through Benefit
Street Partners Realty Trust.
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| Brad Miner |
The JLL Capital Markets team representing the seller was led by Senior Director Brad Miner and Director Jason Carlos.
Completed
in 1991, Gainey Ranch Corporate Center offers golf course and mountain views
and a 4:1 parking ratio with 90% of the parking located underground.
Dansons took 100% occupancy immediately
upon acquisition. Gainey Center will serve as Dansons’ Corporate Headquarters,
facilitating the continued success of their pellet fuel appliances and multiple
award-winning brands.
Jason Carlos
Gainey
Ranch Corporate Center II is positioned on a 7.57-acre site at 8877 N Gainey
Center Dr. within the Gainey Ranch Corporate Center, which comprises 500,000
square feet of office space.
This location is just one mile
from the Loop 101, providing accessibility to the Scottsdale metro area and
labor pool.
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CONTACT:
David Ebeling
Ebeling
Communications
(949)
278-7851
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