Mike Cleaver & Matt Fantuzzi Secure $32.2 Million Acquisition Loan For East Capital Partners Industrial Asset

The property involved in this transaction is an industrial asset located at 19501 Northeast 10th Avenue in the Miami market, featuring a total square footage of 210,000. The loan amount for the acquisition was established at $32,200,000.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $32,200,000
• Address: 19501 Northeast 10th Avenue
• Market: Miami
• Asset Size: 210,000 SF
• Lender: Mike Cleaver & Matt Fantuzzi - Emerald Creek Capital
• Landlord: East Capital Partners
• Broker Representatives: Melissa Rose & Jovi Rodriguez - JLL
• Loan Type: Acquisition

The key individuals involved in this transaction include lenders Mike Cleaver and Matt Fantuzzi representing Emerald Creek Capital, who facilitated the loan, and the landlord, East Capital Partners, overseeing the property management aspects. The brokerage was represented by Melissa Rose and Jovi Rodriguez from JLL, who played a crucial role in the deal's execution.