PGIM Real Estate Provides $41M Loan For Industrial Properties In Aurora, IL And Henderson, NV

Three industrial properties located at 1103 Butterfield Road, 1550 Executive Airport Drive, and 1051 Mary Crest Road have been involved in a closed transaction. The properties are situated in Aurora, Illinois and Henderson, Nevada. The total square footage of the assets is 438,000.

Summary of Transaction Details:

• Property Type: Industrial
• Loan Amount: $41,000,000
• Loan Terms: Three-year term with two one-year extension options

PGIM Real Estate, represented by Trevor Arnholt & Steve Bailey, provided the loan for this transaction. The loan terms consist of a three-year term with two one-year extension options. The landlord of the properties is Dalfen Industrial, represented by Max Gagliardi.