SANTA MONICA, CA-Berkeley Point Capital LLC and Luther Burbank Savings Corporation have signed leases totaling more than 16,000 square feet at the SeaRise Office Tower here. Industry Partners, who represented landlord, Equity Office in the transactions disclosed the deal Tuesday.
Berkeley Point, a SeaRise tenant since 2002, will continue to occupy 4,523 square feet on the building's fifth floor after signing a five-year lease renewal. Berkeley Point is the second largest originator of Fannie Mae loans, and services a $29 billion multifamily loan portfolio. The firm also has offices in Bethesda, MD; Boston, MA, Columbus, OH; Dallas, TX; Irvine, CA; Nashville, TN; and Seattle, WA.
Santa Rosa, CA-based portfolio lender Luther Burbank Savings will open its seventh California branch after signing a long-term lease for 11,586 square feet at SeaRise Office Tower.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
