Chad O’Connor Of Marcus & Millichap Arranges $8.89M Loan For Industrial Property In Robersonville

An industrial property located at 201 East 3rd Street in Robersonville, NC, encompassing a total area of 206,369 square feet has been involved in a loan transaction. The loan amount secured for this property is $8,890,000, supported by a local credit union through a financing package with a fixed rate of 6.09% for a duration of 10 years.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $8,890,000
• Address: 201 East 3rd Street
• Market: Robersonville, NC
• Asset Size: 206,369 SF
• Loan Amount: $8,890,000

Chad O’Connor from Marcus & Millichap represented the loan arrangement for this transaction, showcasing the involvement of a local credit union in securing financing for the industrial asset.