Max Benjamin Partners Secures $107M Loan For Industrial Acquisition In Torrance, CA

An industrial asset located in Torrance, CA, encompasses a total square footage of 404,000. The asset was acquired for $123 million, with a loan amount of $107 million secured for its acquisition. This transaction illustrates the dynamics of the industrial real estate market.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $123,000,000
• Loan Amount: $107,000,000
• Loan Type: Acquisition
• Market: Torrance
• Asset Size: 404,000 SF

Zachary Novatt, Jason Moyal, and Max B. Mellman from Max Benjamin Partners played instrumental roles in this transaction. They facilitated the financing for this premier industrial asset, showcasing their expertise in executing high-value financings effectively. Their efforts highlighted the firm's capabilities in delivering tailored capital solutions in a competitive market.