Lincoln Financial Group Provides $120M Loan For 1.3M SF Industrial Property In Orlando

The industrial property located at 2622 Consulate Drive in Orlando has recently been involved in a loan transaction. Spanning across 1,300,000 square feet, the property is owned by McCraney Property Co., led by Steven McCraney, and Tavistock Group. The lender for this transaction is Lincoln Financial Group, providing a loan amount of $120,000,000 with a 10-year loan term.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $120,000,000
• Address: 2622 Consulate Drive, Orlando
• Market: Orlando
• Asset Type: Industrial
• Square Footage: 1,300,000
• Landlord: McCraney Property Co. - Steven McCraney & Tavistock Group
• Lender: Lincoln Financial Group
• Broker: JLL Capital Markets

JLL Capital Markets represented the parties involved in this loan transaction. The deal was facilitated by their expertise and knowledge of the market.