Wells Fargo Bank Provides $150M Construction Loan For Development Site In Chicago
1237 West Division Street
Development Site
1,200,000 SF
1,200,000 SF
Financed 1 year ago
Summary
Located at 1237 West Division St in Chicago, this development site spans across 11.5 acres with a building square footage (BSF) of 1,200,000. The property, owned by Logistics Property Co., recently underwent a closed transaction.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $150,000,000
- Loan Type: Construction Loan
- Lender: Wells Fargo Bank - Michael Svets & Jeff Goodman; Inland Bank & Trust; Associated Bank
Wells Fargo Bank, represented by Michael Svets and Jeff Goodman, played a prominent role in providing the construction loan for this deal. Alongside Wells Fargo, Inland Bank & Trust and Associated Bank also contributed to the financing.
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1237 West Division Street
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