Marcus & Millichap Capital Corp Arranges $4.5M Loan For 240210 SF Industrial Property In Fontana

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.