EQT Exeter Acquires Laundry Facilities In Atlanta, Orlando, Haines City & Miami For $61.75M
Orlando, Florida, United States
$61,750,000
Building Size
—
Asset Type
—
Closing
Jan 14, 2022
AI
The industrial property located at Laundry Facilities has been sold in a closed transaction. The property is situated in Atlanta, Orlando, Haines City, and Miami markets. The transaction involved the sale of the property by the seller, Crown Linen, to the buyer, EQT Exeter, represented by Edward (Ward) Fitzgerald. The sale price for the property was $61,750,000.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $61,750,000
- Buyer: EQT Exeter - Edward (Ward) Fitzgerald
- Seller: Crown Linen
EQT Exeter, represented by Edward (Ward) Fitzgerald, has acquired the industrial property at Laundry Facilities. The transaction involved the purchase of the property from Crown Linen for a sale price of $61,750,000. The transaction marks a significant investment in the industrial real estate market.
Players
Orlando CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.26%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93