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A10 Capital Closes $61.5 Million Loan For Bay Area Advanced Manufacturing Portfolio Recapitalization

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FINANCED
$61,500,000

California

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Industrial205,509 SF
Financed 10/08/2025
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Property Image
FINANCED

A10 Capital Closes $61.5 Million Loan For Bay Area Advanced Manufacturing Portfolio Recapitalization

Industrial205,509 SF
Financed 10/08/2025
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Summary

Asset Type:Industrial
Price Per Square Foot:$299
Total Square Footage:205,509 SF
Transaction Type:Loan

The transaction involves an industrial asset located in Fremont, CA, comprising a three-building advanced manufacturing portfolio with a total square footage of 228,025. The loan amount secured for this recapitalization is $61,500,000, facilitated by A10 Capital, structured as a three-year bridge loan.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $61,500,000
  • Lender: A10 Capital
  • Loan Type: Recapitalization
  • Loan Terms: 3-year bridge
  • Market: Fremont, CA
  • Asset Size: 228,025 SF
  • Owner: $30+ billion institutional sponsor

This transaction highlights the efforts of A10 Capital to expand its lending capacity and marks its continued growth after the launch of its new debt fund. Key individuals involved include Jamie Berenger, Jerry Dunn, and Tommy Mello, who played pivotal roles in the completion of the loan arrangement.

Players

LENDER

Details

FINANCED
IMAGE: Jamie Berenger, Jerry Dunn & Tommy Mello DATE: 10/9/2025 MARKET: Fremont, CA ASSET TYPE: Industrial ~ SF: 228,025 LENDER: A10 Capital LOAN AMOUNT: $61,500,000 LOAN TYPE: Recapitalization LOAN TERMS: 3-year bridge NOTE FROM LENDER: A10 Capital has closed a $61,500,000 floating-rate bridge loan to recapitalize a three-building advanced manufacturing portfolio in the Bay Area, owned by a $30+ billion institutional sponsor. This transaction highlights A10’s expanded lending capacity and continued growth following the launch of its new debt fund.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$61,500,000.00

Monthly NOI$410,000.00
Monthly Debt Service$388,721.83
Change in Cash Flow$0.00
Refinance Proceeds$0.00