Gantry Secures $25.5 Million Loan For Power Commerce Center In Gilbert Arizona

The transaction involved an industrial asset, specifically Power Commerce Center, located at 3380 South Power Road in Gilbert, AZ. This newly built property encompasses a total of 146,000 square feet situated on 14.2 acres. A permanent loan of $25,500,000 was arranged for its acquisition, reflecting the asset's value in the market.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $25,500,000
• Address: 3380 South Power Road
• Market: Gilbert, AZ
• Asset Size: 146,000 square feet
• Land Area: 14.2 acres
• Brokers: Patrick Barkley & Andrew Christopherson - Gantry

This deal was facilitated by Gantry, who sourced the financing from a correspondent life company lender. The loan will be serviced by Gantry and supports a private investor's purchase of the property.