Cushman & Wakefield Secures $23.7M Loan For Snowball Developments Industrial Property In South Windsor

The property involved in the transaction is an industrial asset located at 301 Governors Highway in South Windsor, CT, consisting of 507,733 square feet. The acquisition financing secured was for a total of $23,700,000.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $23,700,000
• Address: 301 Governors Highway
• Market: South Windsor, CT
• Lender: Prime Finance
• Landlord: Brian Ker - Snowball Developments
• Brokers: Alex Lapidus Okin, Jeff Dybas, John Alascio & Meredith Donovan - Cushman & Wakefield
• Loan Type: Acquisition

Cushman & Wakefield played a pivotal role in securing the acquisition financing from Prime Finance, facilitating Snowball Developments' purchase of the industrial property. The transaction includes key players such as Brian Ker representing Snowball Developments, along with brokers Alex Lapidus Okin, Jeff Dybas, John Alascio, and Meredith Donovan from Cushman & Wakefield.