Tom Sullivan Of JLL Represents Carlisle Capital In $92 Million Loan From M&T Bank For Industrial Asset
100 110 Fordham Road
$92,000,000
$233/SF
Building Size
393,911 SF
Asset Type
Industrial
Closing
Jun 19, 2025
AI
The asset involved in this transaction is an industrial property located at 100-110 Fordham Road in Wilmington, MA. It encompasses a total square footage of 393,911 and is fully leased. The lender for this transaction is M&T Bank, and the financing secured amounted to $92,000,000. The property’s strategic location is advantageous, especially for sectors such as e-commerce, robotics, and semiconductors.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $92,000,000
- Square Footage: 393,911
- Address: 100-110 Fordham Road
- Market: Wilmington, MA
- Lender: M&T Bank
- Landlord: Carlisle Capital
- Broker: Tom Sullivan - JLL
Tom Sullivan from JLL represented the landlord, Carlisle Capital, in this financing deal. JLL Capital Markets played a crucial role in arranging the five-year financing for this industrial campus, which has garnered interest from tenants in key sectors.
Players
Wilmington Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.17%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93