JLL Capital Markets Arranges $124M Loan For Industrial Property In Riverside, CA

14950 Meridian Parkway

Industrial

1,170,000 SF

Financed 1 year ago

Summary

Loan

CALIFORNIA

Industrial

1,170,000 sqft

The industrial property located at 14950 Meridian Parkway in Riverside, CA has been involved in a recent transaction. The property spans approximately 1,170,000 square feet and is owned by IDS Real Estate Group - David G. Mgrublian & Murad Siam.

Summary of transaction details

Property Type: Industrial
Transaction Amount: $124,000,000
Date: 09/26/2022
Market: Riverside, CA

The lender in this transaction is Northwestern Mutual, providing a 10-year fixed-rate loan. JLL Capital Markets acted as the broker in the deal.

Players

All
1

Lenders
1

Northwestern Mutual

Details

Deal Summary

FINANCED

IMAGE: Murad Siam & David G. Mgrublian DATE: 09/26/2022 ADDRESS: 14950 Meridian Parkway MARKET: Riverside, CA ASSET TYPE: Industrial ~ SF: 1,170,000 LENDER: Northwestern Mutual (@NorthwesternMutual) LANDLORD: IDS Real Estate Group - David G. Mgrublian & Murad Siam BROKER: JLL Capital Markets (@JLL) LOAN AMOUNT: $124,000,000 LOAN TERMS: 10-year loan, fixed-rate

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Address14950 Meridian Parkway

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