Culver City Office

Property Description

Culver City Office is a three-story creative office building in Los Angeles. The top two floors have tall ceilings and open-floor plans, which make them attractive for tenants that opt for less structured office environments. The building offers various amenities, including private terraces, a landscaped rooftop deck with seating and a BBQ, 176 subterranean parking spaces, and open floor-plans with wraparound windows that offer natural lighting.

C-PACE Improvements

The $22.4M C-PACE loan was used to refinance improvements completed during construction, inckuding building envelope, seismic retrofits, elevators, lighting, plumbing, HVAC, irrigation, and stormwater mitigation. The loan will amortize over 30 years, allowing payback for original investments during construction.