Seacoast Bank Provides $16 Million Refinance Loan For Development Site In Lakeland

State Road 33rd N

$16,000,000

$79/SF

Building Size

201,420 SF

Asset Type

Development Site

Closing

Mar 7, 2025

AI

The asset involved in the transaction is a development site located at 8161 State Road 33rd North in Lakeland. This property encompasses a total square footage of 201,420 and is part of a refinancing loan amounting to $16,000,000.

Summary of transaction details:

Property Type: Development Site
Transaction Amount: $16,000,000
Lender: Seacoast Bank
Landlord: Mark Levy & Andy Meran - Altman Logistics
Brokers: Melissa Rose, Michael DiCosimo & Val McWilliams - JLL
Loan Type: Refinance

The transaction features key individuals such as Mark Levy and Andy Meran representing the landlord side through Altman Logistics. The transaction was brokered by Melissa Rose, Michael DiCosimo, and Val McWilliams from JLL, highlighting the collaborative effort involved in this refinancing deal.

Players