Mack Industrial Secures $21.7M Refinance Loan From Grant Street Funding For Industrial Asset

The property asset involved in the transaction is an industrial facility located at 11700 South Military Trail, encompassing a total square footage of 78,916. The loan amount secured for this property is $21,700,000, which is categorized as a refinance. The market in which this transaction takes place is Golf.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $21,700,000
• Loan Type: Refinance
• Loan Terms: Five year fixed-rate loan
• Lender: John Boyt & Vince Cicchi - Grant Street Funding
• Landlord: Mack Industrial
• Brokerage Firm: Berkadia
• Broker Representatives: Michael Basinski, Mitch Sinberg, Matthew Monahemi, Scott Wadler, Matt Robbins & Brad Williamson
• Landlord's Representatives: Steve and David Mackey

The transaction includes notable individuals such as John Boyt and Vince Cicchi, who serve as lenders in the deal. The landlord, Mack Industrial, is represented by Steve and David Mackey. The brokerage firm facilitating this transaction is Berkadia, with several brokers collaborating to secure the refinancing terms.