SouthState Bank Provides $42 Million Loan For Industrial Acquisition And Construction In Georgia

The transaction involves an industrial asset located at I 75 in the Georgia market. The total loan amount secured for this acquisition and construction loan is $42,000,000. The lender facilitating this financial arrangement is SouthState Bank.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $42,000,000
• Lender: SouthState Bank
• Loan Type: Acquisition & Construction
• Landlord's Representative: Richard Sutton - Parallel CRE

Richard Sutton represents the landlord in this transaction through his affiliation with Parallel CRE. The company is noted for leveraging extensive lender relationships and a unique model to deliver tailored real estate financing solutions for clients.