City National Bank Provides $5.3 Million Refinance Loan For Industrial Property In Melbourne

The property involved in the transaction is an industrial asset located at 3161 Skyway Circle in the Melbourne market. It encompasses a total square footage of 50,000. The loan amount secured for this property is $5,300,000, categorized as a refinance loan.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $5,300,000
• Lender: City National Bank
• Landlord: Rob Sekula & Gediminas Bulota - North Park Ventures
• Loan Type: Refinance
• Date of Transaction: 10/31/2025

The deal features two key individuals, Rob Sekula and Gediminas Bulota, who represent North Park Ventures as landlords in this transaction. City National Bank serves as the lender for this refinancing deal.