The Renatus Group & Declaration Partners Secures $47.8 Million Construction Loan For Industrial Asset In Quogue

The asset involved in this transaction is an industrial and self-storage property located at 8 Midhampton Avenue in Quogue. The property encompasses a total square footage of 218,000 and secured a construction loan amounting to $47,800,000.

Summary of transaction details:

• Property Type: Industrial + Self Storage
• Transaction Amount: $47,800,000
• Address: 8 Midhampton Avenue
• Market: Quogue
• Loan Type: Construction
• Landlord: The Renatus Group & Declaration Partners
• Brokers: Scott Aiese & Alex Staikos - JLL

The individuals involved in this deal include Scott Aiese and Alex Staikos, who represented the landlords, The Renatus Group and Declaration Partners, in securing the construction loan for the property.