Tower Investments Secures $84M Acquisition Loan For Industrial Property In Vacaville

1661 East Monte Vista Avenue, Vacaville, California 95688, United States

$84,000,000

$226/SF

Building Size

370,575 SF

Asset Type

Industrial

Closing

Apr 17, 2022

AI

The industrial property located at 1661 East Monte Vista Avenue in Vacaville has been involved in a recent closed transaction. The property spans 370,575 square feet and is part of the industrial asset type. The transaction took place on 04/18/2022.

Summary of transaction details

Property Type: Industrial
Transaction Amount: Not mentioned
Address: 1661 East Monte Vista Avenue
Market: Vacaville
Square Footage: 370,575

The loan for this transaction was provided by Citigroup and Wells Fargo. The loan amount was not mentioned, but it was classified as an acquisition loan. The loan terms are for a 10-year interest-only period. The landlord in this transaction is Tower Investments. The brokers involved in the deal were Jason Kahn and Thomas Wayda from Meridian Capital Group.

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