Located at 3931 Oceanic Dr., McWinn's newly acquired industrial facility encompasses a total of 36,888 sf. It is a single-tenant property that includes 3,000 sf of built-out office space and 1,500 sf of mezzanine space, as well as 87 parking spaces, a 20-year, three-ply roof system with a 22-ft clear height and grade-level truck doors. Robert Mann Packaging is the current tenant here, having recently signed a 10-year lease to occupy the building.
Mark Knepper of the San Diego office of Holliday Fenoglio Fowler LP arranged a $1.4- million acquisition loan on behalf of McWinn Corp. for the recent purchase. Provided by Principal Capital Management, it is a ten-year, 5.04% fixed-rate, securitized financing.
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