Arizona Bank & Trust Provides $39M Loan For Yuma Industrial Property

Arizona Bank and Trust has provided $39 million in financing for Yuma 143, an industrial property located at 14160 & 14170 West Yuma Road in Yuma, Arizona. The property spans a total of 490,278 square feet and is classified as an industrial asset. The transaction took place on August 10, 2023, in the Yuma market.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $39,000,000
• Address: 14160 & 14170 West Yuma Road
• Market: Yuma, AZ
• Size: 490,278 square feet

Baker Development Corp, Foundation Capital Partners, and GTIS Partners are the landlords of the property. Their involvement in the deal highlights their role as the owners of the industrial property. The loan provided by Arizona Bank and Trust serves as a significant financial partnership in the transaction.