Post Road Group Provides $36 Million Construction Loan For 200,000 SF Industrial Asset In Brewster
151 Fields Lane
$36,000,000
$180/SF
Building Size
200,000 SF
Asset Type
Industrial
Closing
Jan 29, 2026
AI
The asset involved in this transaction is an industrial property located at 151 Fields Lane in Brewster, spanning 200,000 square feet. The construction loan for this asset amounts to $36,000,000, facilitated by Post Road Group.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $36,000,000
- Address: 151 Fields Lane
- Market: Brewster
- Lender: Post Road Group
- Landlords: Azi Mandel & Adam Mermelstein - Treetop; Daniel Spiegel & Yehuda Kotkes - KS Group
- Brokers: Shlomo Weissberg, Judah Hammer, Shawn Rosenthal & Jason Gaccione - CBRE
- Loan Type: Construction
CBRE's Private Client Group, led by Judah Hammer, Shamir Seidman, and Shlomo Weissberg, played a crucial role in facilitating the origination of the construction financing for this transaction.
Players
Brewster Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.44%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93