Updated Jun 5, 2025
J.P. Morgan Chase Provides $61.4M Loan For Industrial Property At 655 SW 52nd Ave In Ocala
655 SW 52nd Ave, Ocala, FL 34474, USA
$61,400,000
$30/SF
Building Size
2,000,000 SF
Asset Type
Industrial
Closing
Aug 2, 2020
About this deal
AI
Located at 655 SouthWest 52nd Avenue in Ocala, this industrial property was involved in a recent transaction. The property spans 2,000,000 square feet and was the subject of a loan from J.P. Morgan Chase. The loan amount totaled $61,400,000. The landlords of the property are Reich Brothers and HFZ Capital Group, represented by Ziel Feldman.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Amount: $61,400,000
- Lender: J.P. Morgan Chase
- Landlords: Reich Brothers, HFZ Capital Group - Ziel Feldman
The brokers involved in this deal were Aaron Appel, Keith Kurland, Jonathan Schwartz, and Adam Schwartz from Walker & Dunlop.
Players
Ocala Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
Loading comparables…
Deal FAQ
Visit Keith Kurland to view all their deals.
Browse Florida industrial loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.26%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93