SiteOne Minnesota Retail

Transaction description

Robert Ludwick and Thomas Rudinsky of PSRS arranged the $2.2 million refinance of a 40-acre commercial retail property in Grant, Minnesota. Fully leased to a national landscape supply company, SiteOne, the site serves as both a customer-facing retail destination and an operational hub, with a 10,000-square-foot building, a commercial greenhouse, and extensive outdoor staging space. Sourced through a credit union lender, PSRS secured a 59% loan-to-value (LTV) capital solution featuring a five-year loan term and a 25-year amortization schedule.