Marcus & Millichap Capital Corp Arranges $4.5M Loan For 240210 SF Industrial Property In Fontana
California
See Similar DealsMarcus & Millichap Capital Corp Arranges $4.5M Loan For 240210 SF Industrial Property In Fontana
13489 Slover Avenue
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An industrial property located at 13489 Slover Avenue in Fontana, totaling 240,210 square feet, was involved in this transaction. The loan amount secured for this property is $4,500,000, structured with a 10-year term and a 30-year amortization schedule.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,500,000
- Address: 13489 Slover Avenue
- Market: Fontana
- Asset Size: 240,210 SF
- Loan Terms: 10-year, 30-year amortization
Ron Balys from Marcus & Millichap Capital Corp arranged the financing for this property. The loan was sourced from a local credit union and is part of a portfolio refinance, which was completed to consolidate debt and secure long-term financing for the asset leased to Cosmetic Industries.
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