FINANCED
Truist Financial Provides $18.5M Construction Loan For Development Site In Fort Pierce
3800 Crossroads Parkway
Development Site
211,547 SF
211,547 SF
Financed 1 year ago
Summary
Loan
FLORIDA
Development Site
211,547 sqft
The development site located at 3800 Crossroads Pkwy in Fort Pierce has been involved in a closed transaction. The property is a development site with a building square footage (BSF) of 211,547. The transaction took place on June 17, 2022.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $18,500,000
- Market: Fort Pierce
Truist Financial served as the lender for the transaction, providing a construction loan. JBL MGMT, represented by Jacob Khotoveli, and Avenue Property Group, represented by Daniel Gohari, acted as the landlords in the deal. The loan amount for the transaction was $18,500,000.
The Interstate Commerce Center, located at 3800 Crossroads Pkwy, is expected to be completed in the first quarter of 2023. The facility will be a class A industrial facility. For leasing information, interested parties can reach out to Christopher Thomson at [email protected] or call 561-227-2019, or contact Chris Metzger at [email protected] or call 954-415-9155.
Players
All
1
Lenders
1
Details
FINANCED
IMAGE: Daniel Gohari & Jacob Khotoveli
DATE: 06/17/2022
ADDRESS: 3800 Crossroads Pkwy
MARKET: Fort Pierce
ASSET TYPE: Development Site ~ BSF: 211,547
LENDER: Truist Financial
LANDLORD: JBL MGMT - Jacob Khotoveli & Avenue Property Group - Daniel Gohari (@Daniel_Gohari)
LOAN AMOUNT: $18,500,000
LOAN TYPE: Construction
NOTE FROM LANDLORD: Interstate Commerce Center will be a class A industrial facility, slated to be completed Q1 2023. For leasing information please reach out to Christopher Thomson, [email protected] 561-227-2019 or Chris Metzger, [email protected] 954-415-9155View on map
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Address3800 Crossroads Parkway
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