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January 12, 2018  

Wells to Lend on Big Calif. Campus

Wells Fargo has originated a debt package of more than $300 million on a sprawling office/industrial campus outside Sacramento.The floating-rate mortgage is backed by some 7 million square feet of space at the property, in McClellan, Calif. The owner, LDK Ventures, has its headquarters at the campus, called McClellan Park, which is the site of the former McClellan Air Force Base.The exact size of the loan is unclear, but LDK was seeking $310...

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