FINANCED
Paradigm Commercial Real Estate Facilitates $16.5M Acquisition Loan For Office Property In Farmington, CT
74 & 76 Batterson Park Road
Office
224,551 SF
224,551 SF
Financed 267 days ago
Summary
Loan
CONNECTICUT
Office
224,551 sqft
A property transaction involving an office asset in Farmington, CT has taken place at 74 & 76 Batterson Park Rd. The office space spans a total of 224,551 square feet and is part of an acquisition deal.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $16,500,000
- Loan Type: Acquisition
- Loan Terms: 5-year term, 6.43% fixed, 30-year amortization
The transaction was facilitated by Adrian Edery and Sara Frankel from Paradigm Commercial Real Estate, who served as brokers in the deal. They were instrumental in bringing together the buyer and seller, ensuring a smooth transaction process.
Players
Details
FINANCED
IMAGE: Adrian Edery & Sara Frankel
DATE: 08/09/2023
ADDRESS: 74 & 76 Batterson Park Rd
MARKET: Farmington, CT
ASSET TYPE: Office ~ SF: 224,551
BROKER: Adrian Edery & Sara Frankel - Paradigm Commercial Real Estate
LOAN AMOUNT: $16,500,000
LOAN TYPE: Acquisition
LOAN TERMS: 5yr term, 6.43% fixed, 30yr AmortView on map
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Address74 & 76 Batterson Park Road
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