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Home Finance Karney Properties Lands $33.5MM Nationwide Refinance on 178,000 SQFT Cerritos Industrial Building
FinanceIndustrialIndustry NewsLos Angeles

Karney Properties Lands $33.5MM Nationwide Refinance on 178,000 SQFT Cerritos Industrial Building

June 9, 20263 Mins read418
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One of Southern California's oldest family-owned industrial developers has locked in long-term fixed-rate debt on a modern, single-tenant warehouse in the Gateway Cities, a vote of confidence in big-box logistics product even as Greater Los Angeles industrial absorption turns negative. Santa Monica-based Karney Properties has secured $33.5 million in fixed-rate financing from Nationwide against a […]

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