B&D Holdings Secures $10.1M Loan For Two Industrial Buildings In Haverhill And Tewksbury

Two industrial buildings covering a total of 64,460 square feet were involved in this transaction, located at 45 Research Drive and 1668 Shawsheen Street within the Haverhill and Tewksbury, MA markets. The properties were financed with a loan amounting to $10,100,000, specifically for acquisition purposes.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $10,100,000
• Address: 45 Research Drive & 1668 Shawsheen Street
• Market: Haverhill & Tewksbury, MA
• Landlord: B&D Holdings
• Brokers: Max Custer, Amy Lousararian, Thomas E. Didio, Jr., Chris Barry, & Christian Badalamenti - JLL
• Loan Type: Acquisition

JLL facilitated the arrangement of the acquisition financing for the industrial properties, which includes a cold storage facility in Tewksbury and another facility located in Haverhill. Both loans, which are fixed-rate, were provided by local banks to the borrower, B&D Holdings.