FINANCED
PIMCO Provides $94M Construction Loan For College Point Logistics Center In NYC
28-02 Whitestone Expressway
Industrial
314,000 SF
314,000 SF
Financed 1 year ago
Summary
Loan
NEW YORK
Industrial
314,000 sqft
The College Point Logistics Center, located at 28-02 Whitestone Expressway in New York City, has recently undergone a closed transaction for a construction loan. The industrial property spans a total of 314,000 square feet, offering ample space for various industrial activities.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $94,000,000
- Lender: PIMCO
- Landlord: Wildflower Ltd.
- Brokers: Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz (AdamSchwartz88), Ari Hirt, and Mo Beler - Walker & Dunlop
PIMCO, a prominent lending institution, provided the construction loan for this transaction. Wildflower Ltd. acts as the landlord for the College Point Logistics Center, facilitating the deal. The brokers involved in this transaction include Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz (AdamSchwartz88), Ari Hirt, and Mo Beler from Walker & Dunlop.
Players
All
8
Agents
6
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Jonathan Schwartz, Aaron Appel, Adam Gordon, Keith Kurland, Matthew Dicker, Adam Schwartz, Ari Hirt & Mo Beler
DATE: 03/17/2023
ADDRESS: 28-02 Whitestone Expressway (College Point Logistics Center)
MARKET: New York City
ASSET TYPE: Industrial ~ SF: 314,000
LENDER: PIMCO
LANDLORD: Wildflower Ltd.
BROKERS: Aaron Appel, Keith Kurland (@KaKurland), Jonathan Schwartz (@JSchwa1386), Adam Schwartz (AdamSchwartz88), Ari Hirt (@Hirtari) & Mo Beler (@MBeler) - Walker & Dunlop (@WalkerDunlop)
LOAN AMOUNT: $94,000,000
LOAN TYPE: Construction
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Address28-02 Whitestone Expressway
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