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Getir Secures $100 Million Refinancing From UBS For Bronx Industrial Property At 2 St. Ann's Avenue

Property Image
FINANCED
$100,000,000

New York

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Industrial613,339 SF
Financed 05/27/2026
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Property Image
FINANCED

Getir Secures $100 Million Refinancing From UBS For Bronx Industrial Property At 2 St. Ann's Avenue

2 Saint Ann's Avenue

See Similar Deals
Industrial613,339 SF
Financed 05/27/2026
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$163
Total Square Footage:613,339 SF
Transaction Type:Loan

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.

Players

UBS
UBS
LENDER
G
Getir
LANDLORD

Details

FINANCED
IMAGE: Turancan Salur DATE: 05/27/2026 ADDRESS: 2 Saint Ann's Avenue MARKET: Bronx ASSET TYPE: Industrial ~ SF: 613,339 ~ BSF: 5,795,636 LENDER: UBS (@UBS) LANDLORD: Turancan Salur - Getir LOAN AMOUNT: $100,000,000 LOAN TYPE: Refinance NOTE: Getir, through Fresh Property Bronx LLC, secured a $100 million refinancing from UBS backed by three Bronx parcels that include the FreshDirect distribution complex at 2 St. Ann’s Avenue in Mott Haven, replacing a prior $70 million loan held by WhiteHawk Capital Partners.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$100,000,000.00

Monthly NOI$666,666.67
Monthly Debt Service$632,068.02
Change in Cash Flow$0.00
Refinance Proceeds$0.00