Gantry Arranges $33.1 Million Permanent Loan For 303 Logistics Phase II In Litchfield Park AZ

The asset involved in this transaction is a 377,000-square-foot Class A industrial building located at 6701 N Logistics Way in Litchfield Park, AZ. The transaction was secured through a permanent loan amounting to $33,100,000.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $33,100,000
• Loan Type: Permanent Loan
• Market: Litchfield Park, AZ
• Asset Size: 377,000 SF

This transaction involved key individuals from Gantry, including Tim Storey, Chad Metzger, and Andrew Christopherson, who arranged the loan through an insurance company lender. The loan has a term of seven years and is characterized as a fixed-rate, non-recourse financial arrangement.