Santander Bank Provides $32.6M Construction Financing For Industrial Property In Merrimack, NH

Located at 50 Robert Milligan Parkway in Merrimack, NH, this industrial property spans a total of 323,750 square feet. The asset type is industrial, making it ideal for various industrial activities. The transaction took place on 12/19/2022.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $32,600,000
• Lender: Santander Bank
• Landlord: Trammell Crow Co (TCC) - Elisha Long & Diamond Realty Investments
• Broker: CBRE

The loan amount secured for this transaction was $32,600,000, with Santander Bank providing construction financing. Trammell Crow Co (TCC) represented the landlord, while Elisha Long and Diamond Realty Investments were also involved in the deal. CBRE acted as the broker throughout the transaction. Further information regarding the property, individuals, or companies involved was not provided.