Gantry Arranges $20M Permanent Loan For 100,000 SF Industrial Property In Central Phoenix, AZ

An industrial property in Central Phoenix, AZ has been involved in a recent loan transaction. The property, spanning 100,000 square feet, was financed through a permanent loan for the purpose of refinancing. The loan amount for this transaction was $20,000,000, with a fixed-rate loan term of 10 years.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $20,000,000
• Market: Central Phoenix, AZ
• Loan Type: Permanent loan to refinance
• Loan Terms: 10-year, fixed-rate loan
• Broker: Tim Storey - Gantry

The loan transaction was facilitated by broker Tim Storey from Gantry. This transaction allows the property owner to refinance the industrial property in Central Phoenix, AZ, providing financial stability for the next decade.