Brennan Investment Group & RGA ReCap Inc. Secures $52.5M Loan For Nampa Industrial Property

Fuller84 Business Park is an industrial property located at 5300–5450 East Franklin Road in Nampa, Idaho. The asset encompasses a total of 439,600 square feet situated on 28 acres, and it has secured an acquisition loan amounting to $52,500,000.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $52,500,000
• Loan Type: Acquisition
• Loan Terms: 5-year
• Landlord: Brennan Investment Group & RGA ReCap Incorporated
• Broker: JLL

Brennan Investment Group and RGA ReCap Inc., representing Reinsurance Group of America Inc., arranged the financing with JLL Capital Markets. The loan was obtained from a life insurance company for the joint venture's acquisition of the industrial property from Bow River Capital.