Alliance HP Acquires Industrial Property In West Palm Beach With $26M Loan From CIT Bank

The industrial property located at 1100, 1300, and 1500 N Florida Mango Road in Palm Beach Airport, West Palm Beach, was acquired through a loan transaction. The loan was obtained from CIT Bank, with Jason Lydon and AJ Bruno representing the lender. The landlord of the property is Alliance HP, with Frank Zazzera acting as their representative.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $26,000,000
• Lender: CIT Bank - Jason Lydon & AJ Bruno
• Landlord: Alliance HP - Frank Zazzera

The loan, with an amount of $26,000,000, was utilized for the acquisition of the industrial property. This transaction involves various key individuals and companies, including CIT Bank represented by Jason Lydon and AJ Bruno as the lenders, and Alliance HP led by Frank Zazzera as the landlord. The property's location in the Palm Beach Airport area of West Palm Beach adds value and potential to this industrial asset.