Woodstock Development arranges $11.5MM in Financing for New BART Connected Office Project

Woodstock-Development-Photo-copy.jpg

Fremont Bank and Woodstock Development announced the completion of $11.5MM in permanent financing of 1320 Decoto Road in Union City, California. This newly constructed 2-story office building totals approximately 32,000 square feet on a 1.5-acre site adjacent to the Union City BART Station. We are excited to partner with Woodstock Development to collaborate on this mixed-use space which will provide public transit accessible jobs and resources to the community.

 

“This is an exceptional property in a thriving neighborhood with a strategic location near BART. This new building, and its tenants, are an exciting addition to the momentum that continues to build at the Union City Station District. We are excited to work with Fremont Bank in this dynamic market.” said Kirk Syme, President of Woodstock Development.

 

“In our role as a community bank, we relish the opportunity to enable forward-looking developers like Woodstock to pursue their vision. Getting jobs near public transportation is key to creating a vibrant community.” said Alexis Kleinhans, Vice President of Commercial Relationship Management at Fremont Bank.

Alex Cole, Commercial Relationship Loan Officer added “As a family-owned bank, Fremont Bank thrives at finding unique banking solutions for family-owned business like Woodstock.”

 

About Fremont Bank

Fremont Bank (www.fremontbank.com) is a leading retail and commercial bank, California mortgage lender, award-winning top philanthropic business, consistently ranking in Bay Area News Group’s "Top Bay Area Workplaces." Founded in 1964, Fremont Bank is one of the oldest independent family-owned and managed banks in the state and focuses on personalized service for clients. It has 20 branches across the counties of Alameda, Contra Costa, Santa Clara, San Francisco, and Monterey with a loan production office in Orange County. Find Fremont Bank on Facebook at www.fb.com/FremontBank and on Twitter at @FremontBank

 

About Woodstock

Woodstock Development, Inc. is a diversified real estate investment and development company headquartered in Burlingame, CA, just south of San Francisco. It was founded in 1995 by Kirk C. Syme who oversees all company operations, including property acquisitions, entitlements, development, and property/asset management. 

 

1/23/2020 10:15:26 AM | with 0 comments
Filed under: Bank, City, Community, Development, Partnerships, Union, Woodstock
Comments
Blog post currently doesn't have any comments.
Leave comment

(will not be published)


 Security code