Wells Fargo Provides $62.9M Loan For Development Site On 325 W. Adams St In Jacksonville

A development site located at 325 W. Adams St in Jacksonville was recently involved in a closed property transaction. The property, owned by Ryan Cos. and represented by Patrick G. Ryan, attracted attention from Wells Fargo, who provided a loan amount of $62,900,000 for the deal. The property has a building square footage (BSF) of 162,000, making it a sizeable asset in the market.

Summary of transaction details

• Property Type: Development site
• Transaction Amount: $62,900,000
• Lender: Wells Fargo
• Landlord: Ryan Cos. - Patrick G. Ryan
• Address: 325 W. Adams St
• Market: Jacksonville
• BSF: 162,000

During the transaction, Patrick G. Ryan, representing Ryan Cos., was instrumental in securing the loan from Wells Fargo. This successful collaboration between the landlord and lender highlights their expertise and ability to navigate the complexities of the deal.