FINANCEDIndustrial
Sagard Real Estate Secures $99.3 Million Refinancing For Industrial Campus In Thornton, CO
14903 Grant Street
$99,300,000
Building Size
—
Asset Type
Industrial
Closing
Oct 17, 2025
AI
14903 Grant Street is an industrial asset located in Thornton, CO, comprising a total area of 936,775 square feet. The asset recently secured a refinancing amounting to $99.3 million.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $99,300,000
- Date: 10/17/2025
- Lender: Walton Street Capital
- Landlord: Sagard Real Estate
- Brokers: Emily Goldsberry, Eric Tupler & John Rose - JLL
- Previous Loan Amount: $101,300,000 (CIBC Bank loan issued in 2022)
The refinancing for 25 North was arranged by JLL Capital Markets, serving as the intermediary in securing the new loan with Walton Street Capital for Sagard Real Estate.
Players
Thornton Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.16%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93