FINANCED
Black Bear Capital Partners Arranges $21.5M Refinance Loan For 265k SF Industrial Property In Atlanta, GA
5155 Welcome All Road
Industrial
265,089 SF
265,089 SF
Financed 1 year ago
Summary
Loan
GEORGIA
Industrial
265,089 sqft
The 265,089 square foot industrial property located at 5155 Welcome All Rd in Atlanta, GA has undergone a refinancing transaction. The property, occupied by 1-800-FLOWERS.com, serves as a single tenant distribution center.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $21,500,000
- Address: 5155 Welcome All Rd, Atlanta, GA
- Market: Atlanta, GA
- Image: Brandon Harris
- Date: 04/22/2022
The refinancing of the property was facilitated by Brandon Harris of Black Bear Capital Partners. The loan amount of $21,500,000 was secured as a non-recourse loan with a 7-year fixed rate at 3.70%. The loan terms include twelve months of interest only payments, a 30-year amortization schedule, and a flexible prepayment structure. A balance sheet lender provided the financing for this transaction.
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Details
FINANCED
IMAGE: Brandon Harris
DATE: 04/22/2022
ADDRESS: 5155 Welcome All Rd
MARKET: Atlanta, GA
ASSET TYPE: Industrial ~ SF: 265,089
BROKER: Brandon Harris - Black Bear Capital Partners (@BlackBearCapitalPartners)
LOAN AMOUNT: $21,500,000
LOAN TYPE: Refinance
LOAN TERMS: The 273k SF single tenant distribution center occupied by 1-800-FLOWERS.com was refinanced via a 7-year fixed rate, non-recourse loan at 3.70%, and features twelve (12) months of interest only payments, 30 year amortization, and a flexible prepayment structure. The financing was provided by a balance sheet lender.View on map
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Address5155 Welcome All Road
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