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Gantry Secures $25.5 Million Loan For Power Commerce Center In Gilbert Arizona
FINANCED
$25,500,000
Arizona
See Similar DealsIndustrial146,000 SF
Financed 09/11/2025
FINANCED
Gantry Secures $25.5 Million Loan For Power Commerce Center In Gilbert Arizona
3380 South Power Road
See Similar DealsIndustrial146,000 SF
Financed 09/11/2025
Summary
ARIZONA
Asset Type:Industrial
Price Per Square Foot:$174
Total Square Footage:146,000 SF
Transaction Type:Loan
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.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$25,500,000.00
Monthly NOI$170,000.00
Monthly Debt Service$161,177.35
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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