Arizona Bank & Trust Provides $39M Refinance Loan For Industrial Property In Goodyear

143rd Avenue Goodyear, Arizona 85338, USA

$39,000,000

Building Size

—

Asset Type

Industrial

Closing

Aug 14, 2023

AI

A $39,000,000 loan has been secured for the refinance of an industrial property located at ENEC Yuma Rd & 143rd Avenue in Goodyear, AZ. The property is owned by Baker Development Corporation, Foundation Capital Partners, and GTIS Partners.

Summary of transaction details

Property Type: Industrial
Transaction Amount: $39,000,000
Lender: Arizona Bank & Trust
Landlord: Baker Development Corporation, Foundation Capital Partners & GTIS Partners
Broker: Dustin Stolly - Newmark
Loan Type: Refinance

Dustin Stolly from Newmark represented the parties in the loan agreement. The lender, Arizona Bank & Trust, provided the necessary financing for the refinance deal.

Players