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1711 West Rose Garden Lane

Rob Sistek Of Speed Bay Warehouse Solutions Secures $100M Loan From Wells Fargo For Carlton Square
FINANCEDIndustrial

Rob Sistek Of Speed Bay Warehouse Solutions Secures $100M Loan From Wells Fargo For Carlton Square

1711 West Rose Garden Lane

$100,000,000

$1,180/SF

Building Size

84,707 SF

Asset Type

Industrial

Closing

Aug 28, 2025

AI

The property asset involved in the transaction is an industrial campus located at 1711 West Rose Garden Lane, Phoenix, AZ. The campus encompasses 84,707 square feet and was acquired for $17.4 million. Speed Bay Warehouse Solutions has secured a loan amounting to $100 million from Wells Fargo for this asset.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $100,000,000
  • Address: 1711 West Rose Garden Lane
  • Market: Phoenix, AZ
  • Landlord: Rob Sistek - Speed Bay Warehouse Solutions
  • Lender: Wells Fargo
  • Previous Seller: Top 10 Properties
  • Previous Sale Price: $17.4 million

The deal is represented by Rob Sistek from Speed Bay Warehouse Solutions acting as the landlord. Wells Fargo serves as the lender facilitating the financing for this significant industrial property transaction.

Players

Wells Fargo
Wells FargoLender

Rob Sistek

Speed Bay Warehouse Solutions

Landlord

$100M

vol

1 deal

Landlord
Speed Bay Warehouse Solutions
Speed Bay Warehouse Solutions Landlord

Phoenix Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.16%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93