Los Angeles Office Campus Gets $80M Refi

Continental Development Corp. and Mar Ventures have landed $80 million in refinancing for Del Rey Campus, a 162,031-square-foot creative office complex in Los Angeles.

Goldman Sachs provided the five-year, fixed-rate, interest-only loan for the asset, in a deal brokered by Sonnenblick-Eichner Co.

Located at 4800 Alla Road, the property sits next to Marina Freeway and Culver Boulevard, some 15 miles southeast of downtown Los Angeles.

Completed in 2020, Del Rey Campus comprises three two-story structures. All buildings are gated and have open floorplans, balconies and patios. Building 1 and Building 2 have some 58,000 square feet each, while Building 3 measures 46,000 square feet. Floorplates range from 22,700 to 29,300 square feet.

Shared amenities include a café, rooftop deck, fitness center, Zen garden, as well as bicycle and surfboard storage area. Moreover, the property also has 620 ground-level parking stalls.

The tenant roster at Del Rey Campus includes World Surf League, CENTRL Office and a video game studio. CBRE is in charge of leasing.

As the City of Angels’ office sector seems to maintain its 2025 momentum, another refinancing in the area made headlines last week—Omninet Capital secured a $95 million loan for a 490,000-square-foot property in Long Beach, Calif. Bank of America provided the note.