GID Provides $21.12 Million Acquisition Loan For Alta West Partners And Olive Point Capital's Burbank Industrial

The property asset involved in this transaction is an industrial building located at 100-104 East Graham Place in Burbank, comprising a total square footage of 104,795. The loan amount obtained for acquisition purposes is $21,120,000, with the loan terms set for a duration of 3 years.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $21,120,000
• Loan Type: Acquisition
• Loan Terms: 3 Years
• Lender: GID
• Landlord: Alta West Partners & Olive Point Capital
• Brokers: Jeff Sause, Alex Olson, Jalynn Borders & Thomas Gonzalez - JLL

The key individuals and companies involved in this deal include GID as the lender, while the landlords are represented by both Alta West Partners and Olive Point Capital. The brokerage team from JLL, which includes Jeff Sause, Alex Olson, Jalynn Borders, and Thomas Gonzalez, played a significant role in the transaction.