Johnson Capital arranged the loan for the acquisition of the Daley Corporate Center office building, located on Murphy Canyon Road in Kearny Mesa. Daley Corporate Center consists of three low-rise buildings totaling 127,367 sf. Major tenants include the University of Phoenix, SBC Services and the Kaiser Foundation Health Plan.
The loan represented more than 77% of the purchase price.
Johnson Capital is a national real estate advisory and investment banking firm with a long tradition of raising both debt and equity for commercial real estate investors, owners and developers. The firm has offices in San Diego, Irvine, Los Angeles, San Francisco, Denver, Phoenix, Washington D.C. and Salt Lake City.
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