GEARY INDUSTRIAL
$5,100,000 Single-Tenant Industrial Loan from Life Insurance Company
City: Santa Fe Springs, CA
Loan amount: $5,100,000
Lender type: Life Insurance Company
Property type: Single-Tenant Industrial
Size: 149,683 SF
Transaction description
This single tenant industrial building is situated on 293,009 Square Feet of land is a warehouse and heavy-manufacturing facility with 29 loading bays and 170 parking stalls. PSRS arranged a 15-year term loan for the borrower with one of its correspondent life companies who has made repeated loans for this Borrower. The loan amortizes in 30 years and includes 7 years Interest Only.
TRANSACTION ADVISORS
Kostas Kavayiotidis
Principal
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