The acquisition loan provided by Emerald Creek Capital in March of 2022 was for a 111,741-square-foot warehouse and distribution facility located at 2580 Manitou Rd, Rochester, NY, 14624. The loan amount was $14,094,000.00. The property, situated on a 10.42-acre site in Rochester Technology Park, is net leased to FedEx. The area is known for hosting global tenants such as Pepsi, McKesson, Kodak, and L3 Harris Technologies.

Summary of transaction details:

• Property Type: Warehouse
• Transaction Amount: $14,090,000.00
• Market: Rochester
• Lender's Rep: Senior Vice President(Emerald Creek Capital)
• Borrower: Unknown

Matt Fantuzzi, Vice President, can be contacted at (646) 237-2570 for further information regarding the loan transaction in Rochester. The property's strategic location provides easy access to Interstates 490 and 390 as well as the Greater Rochester International Airport, making it an attractive investment in a city known for its strong presence of prominent corporations and as a hub for research, development, manufacturing, and distribution.