JLL Capital Markets Secures $24M Loan For Silver Star Commerce Center Orlando

The Silver Star Commerce Center in Orlando, spanning 254,915 square feet and located at 3600-3802 Silver Star Road & 3717-3763 Mercy Star Court, secured a $24 million loan from Webster Bank. This industrial property, owned by Denholtz Properties and Long Wharf Capital, is currently 95% occupied by 29 tenants. It boasts 69 loading docks, 20 drive-in doors, and 508 parking spaces.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $24,000,000
• Address: 3600-3802 Silver Star Road & 3717-3763 Mercy Star Court
• Market: Orlando
• Asset Size: 254,915 SF
• Lender: Webster Bank
• Landlord: Denholtz Properties; Long Wharf Capital
• Brokers: Jon Mikula, Jovi Rodriguez, Melissa Rose, Michael Klein & Salvatore Buzzerio - JLL

JLL Capital Markets was instrumental in facilitating the financing deal between Webster Bank and the owners of Silver Star Commerce Center. The involvement of Jon Mikula, Jovi Rodriguez, Melissa Rose, Michael Klein, and Salvatore Buzzerio from JLL highlights the collaborative effort behind the successful transaction.