Wells Fargo Bank Provides $84.3M Loan For Industrial Properties In Miami, Bradenton, Forest Park, Greensboro, Phoenix, And Memphis

An industrial property located at 1350 NW 74th Street, 3115-3165 Lakewood Ranch Blvd, 5300 Kennedy Road, 404, 420 A&B N. Chimney Road, and 4565 W. Watkins Street, with a total area of 1,580,000 square feet, was involved in a closed transaction.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $84,300,000
• Market: Miami, Bradenton, Forest Park, Greensboro, Phoenix, and Memphis

The lender for this transaction was Wells Fargo Bank, N.A. and the landlord was MDH Partners, represented by Arun Singh. The deal was brokered by Christopher Drew, Maxx Carney, Reid Carleton, Ed Coco, and Carl Beardsley from JLL.

The loan amount for this transaction was $84,300,000 with a five-year, floating-rate loan term.