Metro Credit Union Provides $20.4M Loan For Industrial Property Acquisition In Peabody, MA
Massachusetts
See Similar DealsMetro Credit Union Provides $20.4M Loan For Industrial Property Acquisition In Peabody, MA
1 Second Street, Peabody, Massachusetts 01960, United States
See Similar DealsSummary
The industrial property located at 1 2nd St in Peabody, MA has been involved in a recent closed transaction. The property spans a total of 157,293 square feet and falls under the industrial asset type category.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $20,360,000
- Date: 06/06/2022
- Lender: Metro Credit Union
- Landlord: Oliver Street Capital & Bain Capital Real Estate
- Brokers: Brett Paulsrud & Amy Lousararian - JLL
The loan provided for this transaction was an acquisition financing arrangement. The borrowing party was able to secure a loan amount of $20,360,000 from Metro Credit Union. Broker representatives, Brett Paulsrud and Amy Lousararian from JLL, facilitated the deal on behalf of the involved parties.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want