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3940 Shirley Drive

Hersh Equity Group Secures $12.32 Million Bridge Loan For Industrial Asset In Atlanta
FINANCEDIndustrial

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

Adrian Edery

Two50 Capital Group

Broker

$660.7M

vol

40 deals

Broker
SL
Sapphire LendingLender

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