Updated Sep 21, 2026
Stockbridge Capital Group And Foundry Commercial Secure $66.8 Million Refinance Loan In Stuart
2400 Sw Gateway Pl
$66,800,000
Building Size
—
Asset Type
Industrial
Closing
Aug 31, 2026
About this deal
AI
The property involved in this transaction consists of two industrial assets located at 2400 & 2450 Southwest Gateway Place in the Stuart market. The loan amount provided for the refinance of these assets is $66,800,000.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $66,800,000
- Borrower: Stockbridge Capital Group & Foundry Commercial
- Brokers: Melissa Rose, Michael DiCosimo, Nicole Diaz & Michael Romero - JLL
- Loan Type: Refinance
Key individuals involved in the deal include the borrower representatives from Stockbridge Capital Group and Foundry Commercial, all of whom participated in securing the refinance for the industrial property. The brokers facilitating the transaction are Melissa Rose, Michael DiCosimo, Nicole Diaz, and Michael Romero, all associated with JLL.
On the Map
$66,800,000
Industrial
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Players
Stuart Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93