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25 Prestige Park Circle

The Seyon Group Secures $28.1M Acquisition Loan From Northwest Bank For Industrial Asset In East Hartford
FINANCEDIndustrial

The Seyon Group Secures $28.1M Acquisition Loan From Northwest Bank For Industrial Asset In East Hartford

25 Prestige Park Circle

$28,105,000

$65/SF

Building Size

430,000 SF

Asset Type

Industrial

Closing

Jul 20, 2026

AI

The property asset involved in this transaction is an industrial type located at 25 Prestige Park Circle in East Hartford, CT. It encompasses a total square footage of 430,000. The loan amount secured for this acquisition is $28,105,000.

Summary of transaction details:

This transaction involves key individuals and representatives from various companies. The Seyon Group serves as the borrower in this deal, while the lender is Northwest Bank. The landlord's representation is managed by Timothy O'Donnell, Max Ralby, and Conor Reenstierna from the agency Newmark.

Players

Max Ralby

Newmark

Broker

$3.9B

vol

77 deals

Broker
The Seyon Group
The Seyon GroupBuyer
Northwest Bank
Northwest BankLender

East Hartford Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.56%

Cash-on-Cash

-0.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93