Roswell St Industrial

$1,000,000 Refinance of an Industrial Property in Los Angeles, CA.

City: Los Angeles, CA
Loan amount: $1,000,000
Lender type: Bank
Property type: Industrial
Size: 4,500 SF

Transaction description

Trevor Blood of PSRS arranged the $1 million refinance of an industrial property in Los Angeles, CA. The subject property is a single-story concrete block industrial warehouse totaling 4,500 SF of net rentable area currently occupied by a craft beer microbrewery and includes a 900 SF retail taproom area with refrigerated storage, two restrooms, one drive-in loading door, and warehouse space with a 16-foot clear height. Financed with bank execution, PSRS provided its borrower with a fixed, non-recourse loan with a 10-year fixed term and a 25-year amortization.

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