homeWelcome, sign in or click here to subscribe.login
     


 

 

Real Estate


print  email to a friend  reprints add to mydjc  

February 25, 2016

Weyerhaeuser campus loan

Columbia Pacific Advisors provided a $50 million first mortgage loan for the purchase of Weyerhaeuser's Federal Way campus. Industrial Realty Group bought the 425-acre campus earlier this month for $70.5 million. IRG plans to redevelop and lease or sell parts of the campus for industrial and office space. Mesa West Capital, which is partially owned by Columbia Pacific Advisors, helped originate the financing and is expected to be involved in managing the loan. Columbia Pacific Advisors said it manages more than $1.1 billion in loans, equity, growth capital and distressed debt. Since January it has closed more than $90 million in loans.




Email or user name:
Password:
 
Forgot password? Click here.