Regions Bank Provides $81.6M Construction Loan For Industrial Property In Beaumont

36900 West Fourth Street

Industrial

2,800,000 SF

Financed 1 year ago

Summary

Loan

CALIFORNIA

Industrial

2,800,000 sqft

The industrial property located at 36900 W. Fourth St. in Beaumont has been involved in a closed transaction. The property spans a total of 2,800,000 square feet and sits on 58.7 acres. It is owned by USAA Real Estate and McDonald Property Group.

Summary of transaction details

Property Type: Industrial
Transaction Amount: $81,600,000
Loan Type: Construction Loan
Loan Terms: 2-year, floating-rate, non-recourse

Regions Bank provided a $81,600,000 construction loan for the property. JLL Capital Markets served as the broker for the deal.

Details

Deal Summary

FINANCED

IMAGE: Len O’Donnell & Bruce McDonald DATE: 01/21/2022 ADDRESS: 36900 W. Fourth St. MARKET: Beaumont ASSET TYPE: Industrial ~ SF: 2,800,000 ~ ACRES: 58.7 LENDER: Regions Bank LANDLORD: USAA Real Estate & McDonald Property Group BROKER: JLL Capital Markets LOAN AMOUNT: $81,600,000 LOAN TYPE: Construction Loan LOAN TERMS: 2-year, floating-rate, non-recourse

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Address36900 West Fourth Street

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