JP Morgan Provides $109.5M Acquisition Loan For Industrial Property In Apple Valley

An industrial property located at 18880 Navajo Road in Apple Valley has recently been involved in a transaction. The property spans approximately 1,340,000 square feet, making it a significant asset in the market.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $109,500,000
• Address: 18880 Navajo Road, Apple Valley
• Market: Apple Valley

The lender for this transaction was JP Morgan, with Jamie Dimon representing the company. The loan amount was $109,500,000, and it was classified as an acquisition loan.

Blue Owl, represented by Marc Zahr as the landlord, was the counterparty in this deal. The landlord's representatives were Dustin Stolly and Jordan Roeschlaub from Newmark. On the lender's side, Christopher Kramer, also from Newmark, acted as their representative.