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Citi Real Estate Funding, which provided the financing, is threatening to foreclose on the loan to seize ownership of properties at Terra Bella Tech Park, a 10-building campus near the interchange ...
This summary is reviewed by TRD Staff. The Zappettini family office has defaulted on $120 million in CMBS loans tied to their Terra Bella Tech Park, a 100,000-square-foot tech campus in Mountain View.
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Silicon Valley on MSNMountain View tech campus flops into default on $100 million-plus loanThe building addresses are 1212, 1215, 1245, 1255, 1277 and 1305 Terra Bella Ave.; 1330 through 1350 West Middlefield Road; and 850-890 North Shoreline Blvd., loan documents on file with the ...
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