Updated Jun 3, 2026
Getir Secures $100 Million Refinancing From UBS For Bronx Industrial Property At 2 St. Ann's Avenue
2 Saint Ann's Avenue
$100,000,000
$163/SF
Building Size
613,339 SF
Asset Type
Industrial
Closing
May 27, 2026
About this deal
AI
The property asset involved in the transaction is located at 2 Saint Ann's Avenue in the Bronx, with an industrial asset type. It encompasses a total square footage of 613,339 and a built square footage of 5,795,636. The loan amount secured for the asset is $100,000,000, part of a refinancing deal.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $100,000,000
- Loan Type: Refinance
- Lender: UBS
- Landlord: Turancan Salur - Getir
- Previous Loan Amount: $70,000,000
- Previous Lender: WhiteHawk Capital Partners
- Company Involved: Fresh Property Bronx LLC
The deal features Turancan Salur representing Getir as the landlord in this refinancing transaction, which includes backing from three Bronx parcels encompassing the FreshDirect distribution complex.
On the Map
$100,000,000
$163/SF
Industrial
View full map
Avon Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
Loading comparables…
Deal FAQ
Browse Avon industrial loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.16%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93