JLL Secures $36.6 Million Construction Loan For Industrial Project In West Palm Beach And Doral

The transaction involves an industrial asset located at 884 South Congress Avenue & 5990 NW 102nd Avenue, situated in the West Palm Beach & Doral markets. The total square footage of the property is 128,822 and it secured a construction loan with a mid-construction refinance totaling $36,600,000.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $36,600,000
• Loan Type: Construction loan & mid construction refinance
• Address: 884 South Congress Avenue & 5990 NW 102nd Avenue
• Market: West Palm Beach & Doral
• Asset Size: 128,822 SF
• Brokers: Pier Barinci, Jimmy Calvo, Max La Cava, Abbie Kushner & Michael Romero - JLL

The deal features a team of brokers from JLL, specifically Pier Barinci, Jimmy Calvo, Max La Cava, Abbie Kushner, and Michael Romero, who played a critical role in facilitating the transaction. Each of these brokers contributed their expertise to navigate the complexities of this loan agreement.