Societe General Corp Provides $39M Acquisition Loan For Retail Property In Hamburg

4405-4408 Milestrip Road located in Hamburg is a retail property with a total square footage of 416,544. The property was involved in an acquisition loan transaction.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $39,000,000
• Lender: Societe General Corp
• Landlord: Northpath Investments - Gershon Alexander & Geoffrey Adler; & Peak 7 Holdings - Barry Funt
• Broker: Brad Domenico - Progress Capital
• Sales Brokers: Frank DiTommaso, Brian Whitmer, Gary Gabriel & David Bernhaut - Cushman & Wakefield

The loan amount for the acquisition was $39,000,000. The lender for the transaction was Societe General Corp. The property's landlords were Northpath Investments represented by Gershon Alexander and Geoffrey Adler, as well as Peak 7 Holdings represented by Barry Funt. The broker involved in the deal was Brad Domenico from Progress Capital. Additional sales brokers from Cushman & Wakefield included Frank DiTommaso, Brian Whitmer, Gary Gabriel, and David Bernhaut.