BankUnited N.A. Provides $38M Refinance Loan For Industrial Properties In Orlando Boca Raton Groveland
6200 Lee Vista Boulevard, 6453 West Rogers Circle & 15430 County Road 565a
$38,000,000
$129/SF
Building Size
293,352 SF
Asset Type
Industrial
Closing
Aug 25, 2025
AI
The asset involved in the transaction is an industrial property with a total square footage of 293,352 located at 6200 Lee Vista Boulevard, 6453 West Rogers Circle, and 15430 County Road 565a, situated within the Orlando, Boca Raton, and Groveland markets. The loan amount associated with this asset is $38,000,000, and it is classified as a refinance loan.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $38,000,000
- Lender: BankUnited, N.A.
- Landlord: Zach Fox, Alexander Saieh, Alejandro Velez & Jill Liang - Midtown Capital Partners
- Brokers: Jason Hochman & Ron Granite - Cushman & Wakefield
The individuals involved in this transaction include lenders from BankUnited, N.A., and landlords represented by Zach Fox, Alexander Saieh, Alejandro Velez, and Jill Liang of Midtown Capital Partners. The brokerage firms engaging in this deal are Cushman & Wakefield, represented by Jason Hochman and Ron Granite.
Players
Orlando 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
0.42%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93