Tower Investments Secures $84M Acquisition Loan For Industrial Property In Vacaville | 1661 East Monte Vista Avenue | Wells Fargo, Citibank | Jason Kahn, Thomas Wayda | Industrial | Loan

Summary

Loan

CALIFORNIA

Industrial

370,575 sqft

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.

Players

All
6

Agents
2
Agencies
2
Lenders
2

Jason Kahn

Senior Vice President

Thomas Wayda

Managing Director

Meridian Capital Group

Greystone

Wells Fargo

Citibank

Details

Deal Summary

FINANCED

IMAGE: Jason Kahn & Thomas Wayda DATE: 04/18/2022 ADDRESS: 1661 East Monte Vista Avenue MARKET: Vacaville ASSET TYPE: Industrial ~ SF: 370,575 LENDER: Citigroup (@Citi) & Wells Fargo (@WellsFargo) LANDLORD: Tower Investments BROKERS: Jason Kahn & Thomas Wayda - Meridian Capital Group (@Meridian.Capital.Group) LOAN AMOUNT: $84,000,000 LOAN TYPE: Acquisition LOAN TERMS: 10-year interest-only

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Address1661 East Monte Vista Avenue

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