FINANCED
IBorrow Grants $15.6M Loan For Refinancing Of Cold Storage Facility In Taylor, Michigan
21740 Trolley Industrial Drive
Industrial
238,575 SF
238,575 SF
Financed 294 days ago
Summary
Loan
MICHIGAN
Industrial
238,575 sqft
A national industrial real estate firm has secured a $15.6 million loan from iBorrow for the refinancing of a fully occupied cold storage facility in Taylor, Michigan. The property, located at 21740 Trolley Industrial Drive, spans 238,575 square feet and is situated in a strategic location near rail service, the airport, and major highways.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $15,600,000
- Lender: iBorrow - Brian Good
- Loan Type: Refinance
The loan provided by iBorrow will enable the national industrial real estate firm to continue operating and improving the fully occupied cold storage facility in Taylor. This facility benefits from its proximity to various transportation networks, including rail service, the airport, and major highways, allowing for efficient distribution and logistics operations.
Details
FINANCED
IMAGE: Brian Good
DATE: 07/20/2023
ADDRESS: 21740 Trolley Industrial Drive
MARKET: Taylor, Michigan
ASSET TYPE: Industrial ~ SF: 238,575
LENDER: iBorrow - Brian Good
LOAN AMOUNT: $15,600,000
LOAN TYPE: Refinance
NOTE: iBorrow has granted a $15.6 million loan to a national industrial real estate firm for the refinancing of a fully occupied cold storage facility in Taylor, near Detroit. The facility, spanning 238,575 square feet, will undergo further improvements and benefits from its proximity to rail service, the airport, and major highway.View on map
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Address21740 Trolley Industrial Drive
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