Lincoln Property Company Secures $33.7 Million Construction Loan For Industrial Asset In Auburndale

The property involved in this transaction is an industrial asset located at 0 Pace Road in the Auburndale market, with a total square footage of 496,436. The landlord of the property is Lincoln Property Company, which plays a significant role in the management of this asset.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $33,700,000
• Loan Type: Construction
• Landlord: Lincoln Property Company
• Brokers: Melissa Rose, Maddy McMillen & Wells Waller - JLL

The deal involved representatives from JLL, specifically Melissa Rose, Maddy McMillen, and Wells Waller, who facilitated the construction loan for the industrial property. Their involvement highlights the critical role of brokerage firms in bringing together lenders and landlords in significant transactions like this one.