Updated Oct 29, 2024
JLL Arranges $29.5M Loan For Industrial Property In Charlotte, NC
2745, 2915 &Amp; 2705 Whitehall Drive
$29,500,000
$105/SF
Building Size
279,150 SF
Asset Type
Industrial
Closing
May 1, 2020
About this deal
AI
The industrial property located at 2745, 2915 & 2705 Whitehall Drive in Charlotte, NC has recently undergone a loan transaction. The property spans across a total area of 279,150 square feet and is owned by CIP Real Estate.
Summary of transaction details:
- Property Type: Industrial
- Loan Amount: $29,500,000
- Market: Charlotte, NC
- Landlord: CIP Real Estate
The loan transaction involved the participation of brokers Kevin MacKenzie, Peter Thompson, and Taylor Alison from JLL.
The industrial loan at 2745, 2915 &Amp; 2705 Whitehall Drive in Amphitheatre, North Carolina financed for $29.5M in 2020. The building is 279,150 square feet, implying about 105 per square foot on the published price. Peter Thompson, Kevin MacKenzie, Taylor Alison, JLL appear on the loan alongside JLL. This page is the Amphitheatre, North Carolina file for the 2745, 2915 &Amp; 2705 Whitehall Drive industrial financed: pricing, party profiles, and other closed industrial comps from the same Amphitheatre sit in the Market section below. Filter that Amphitheatre industrial set by closing date to see what else financed near 2745, 2915 &Amp; 2705 Whitehall Drive around 2020. Published consideration for 2745, 2915 &Amp; 2705 Whitehall Drive is $29.5M, dated 2020. Cite this JLL Arranges $29.5M Loan For Industrial Property In Charlotte, NC loan when underwriting similar industrial product around Amphitheatre, North Carolina.
Players
Amphitheatre 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
0.54%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93