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6600 West Latham Street

Gantry Secures $22M Refinance Loan For Industrial Asset In Phoenix, AZ
FINANCEDIndustrial

Gantry Secures $22M Refinance Loan For Industrial Asset In Phoenix, AZ

6600 West Latham Street

$22,000,000

$503/SF

Building Size

43,700 SF

Asset Type

Industrial

Closing

May 13, 2026

AI

The property asset involved in the transaction is an industrial facility located at 6600 West Latham Street, Phoenix, AZ. The asset spans 43,700 square feet and sits on 23.3 acres of land, serving the industrial market in the area.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $22,000,000
  • Loan Type: Refinance
  • Broker Representatives: Tim Storey & Chad Metzger - Gantry
  • Loan Amount: $22,000,000
  • Date: 05/13/2026

The deal was facilitated by Gantry, which secured the refinancing of maturing debt associated with the property. This loan pertains specifically to a 437,000-square-foot industrial showroom and warehouse at the same address in Phoenix.

Players

Chad Metzger

Gantry

Broker

$186.7M

vol

10 deals

Broker

Market 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

0.72%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93