Deutsche Bank Provides $5.06M Refinance For Industrial Property At 105 Akron Drive, Winston-Salem
105 Akron Drive
$5,060,000
$26/SF
Building Size
190,000 SF
Asset Type
Industrial
Closing
Jan 7, 2026
AI
Filler Capital has arranged a refinance loan for an industrial property located at 105 Akron Drive in Winston-Salem, NC. The property has a total area of 190,000 square feet. The loan amount is $5,060,000, indicating a significant investment in this asset.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,060,000
- Lender: Deutsche Bank
- Loan Type: Refinance
- Loan Terms: 5 Years
- Interest Rate: 275 bps over the 5-Year Treasury
- Tenancy: Owner-occupied
- Landlord: Jerry Cox
- Brokers: Steven Edelstein, Jordan Gellman, Isaac Filler & Yossi Koschitzki - Filler Capital
This transaction reflects a collaborative effort among the involved parties, highlighting the effective partnership with Deutsche Bank. The team, comprising Steven Edelstein, Jordan Gellman, Isaac Filler, and Yossi Koschitzki, has successfully navigated the complexities of the refinancing process, ensuring a smooth transaction from start to finish. NOTE FROM BROKER: Proud to share another successful closing.
Players
Winston Salem 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
3.13%
Cash-on-Cash
-0.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93