Westcore Secures $73.3M Loan From CrossHarbor Capital Partners To Acquire Hatcher Industrial Park

Westcore has secured $73.3 million in acquisition financing from CrossHarbor Capital Partners to purchase Hatcher Industrial Park, a vacant property located in Glendale, Arizona near Phoenix. The industrial property spans 90,612 square feet and sits on 53 acres.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $73,300,000
• Address: 15151 West Hatcher Road
• Market: Waddell, AZ
• Lender: CrossHarbor Capital Partners
• Landlord: Westcore
• Brokers: Micki Strain, Molly Hunt, Rob Rubano, Brian Share, Max Schafer, Becca Tse, Will Strong & Kirk Kuller - Cushman & Wakefield

The loan amount from CrossHarbor Capital Partners will enable Westcore to acquire Hatcher Industrial Park. The property, located in Glendale, Arizona, spans over 90,612 square feet and is situated on 53 acres of land. This acquisition financing will support Westcore's investment in the vacant industrial property.