Hersh Equity Group Secures $12.32 Million Bridge Loan For Industrial Asset In Atlanta
3940 Shirley Drive
$12,315,000
$91/SF
Building Size
134,000 SF
Asset Type
Industrial
Closing
Mar 31, 2026
AI
The asset involved in the transaction is an industrial property located at 3940 Shirley Drive in the Atlanta market. The total square footage of the property is 134,000. The loan amount associated with this property is $12,315,000, provided as a bridge loan by Sapphire Lending.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $12,315,000
- Loan Amount: $12,315,000
- Loan Type: Bridge
- Address: 3940 Shirley Drive
- Market: Atlanta
- Landlord: Hersh Equity Group
- Broker Representatives: Adrian Edery, Sara Frankel & Josh Eliassian - Two50 Capital Group
Key individuals involved in this transaction include Josh Eliassian, Juda Hersh, Adrian Edery, Corey Schwartz, and Sara Frankel, who are associated with significant roles in the deal and its representation.
Players
Atlanta 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
1.29%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93