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Newmark Closes Note Sale on San Pedro Adaptive Reuse

Tuesday, August 11, 2026Paul BubnyView original

Newmark arranged the sale of a note secured by Topaz Tower, a fully entitled adaptive reuse development project located at 222 W. 6th St. in San Pedro. The 12-story, 309,732-square-foot office tower is entitled for conversion to 246 market-rate multifamily units. Executive managing director Ryan Plummer, co-head of U.S. Capital Markets Kevin Shannon, vice chairman ...

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