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GPI Lands Acquisition Loan on Mattel-Leased Warehouse

Michael C. Pruter in The Real Deal

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11.27.19

The Real Deal (November 27, 2019) GPI Companies nabbed a $55.3 million acquisition loan for its purchase of an El Segundo warehouse that toymaker Mattel leases. Global Atlantic Financial Group provided the debt on the 200,000-square-foot building, located at 2031 East Mariposa Avenue. GPI confirmed the loan deal. Law firm Allen Matkins advised the Brentwood-based developer on the financing and CBRE was the broker that arranged the loan to buy the warehouse that Mattel uses for its research and development division. Read More (subscription required)

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