Axiom Capital Secures $2.1M Loan For Acquisition Of Industrial Property In Melbourne

Axiom Capital has secured a $2.1 million loan for the acquisition of a 30,000-square-foot industrial property located at 710 North Drive in Melbourne, Florida. This property is situated on a 4.2-acre site and is conveniently located just 1.5 miles from I-95 on the Space Coast. Built in 1998, the industrial property offers attractive features such as 18- to 20-foot ceiling heights, two dock doors, three drive-in doors, and substantial parking with 101 spaces. The borrower's identity, however, has not been disclosed during this transaction.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $2,100,000
• Square Footage: 30,000
• Acres: 4.2
• Address: 710 North Drive, Melbourne, Florida
• Market: Melbourne

This loan transaction was facilitated by Axiom Capital, a reputable brokerage firm specializing in real estate deals. Axiom Capital played a crucial role in securing the loan for the acquisition, ensuring a successful outcome for all parties involved.