FINANCED
JP Morgan Provides $109.5M Acquisition Loan For Industrial Property In Apple Valley
18880 Navajo Road
Industrial
1,340,000 SF
1,340,000 SF
Financed 200 days ago
Summary
Loan
CALIFORNIA
Industrial
1,340,000 sqft
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.
Players
Details
FINANCED
IMAGE: Jamie Dimon, Marc Zahr, Jordan Roeschlaub, Dustin Stolly & Christopher Kramer
DATE: 09/14/2023
ADDRESS: 18880 Navajo Road
MARKET: Apple Valley
ASSET TYPE: Industrial ~ SF: 1,340,000
LENDER: JP Morgan (@JPMorgan) - Jamie Dimon
LANDLORD: Blue Owl - Marc Zahr
LENDER'S REP: Christopher Kramer - Newmark (@Newmark)
LANDLORD'S REP: Dustin Stolly & Jordan Roeschlaub (@JordyRoeschlaub) - Newmark
LOAN AMOUNT: $109,500,000
LOAN TYPE: Acquisition LoanView on map
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Address18880 Navajo Road
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