PCCP LLC Provides $51.3M Senior Loan For Lockbourne, Ohio Industrial Property

The industrial property located at 4337 Airbase Road in Lockbourne, Ohio has recently undergone a closed transaction. With a total area of 833,277 square feet, this property offers ample space for industrial operations. The deal involved a senior loan provided by PCCP LLC, amounting to $51,300,000. The lender played a crucial role in facilitating the transaction, providing the necessary financing for the property.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $51,300,000
• Address: 4337 Airbase Road, Lockbourne, Ohio
• Market: Lockbourne, Ohio
• Asset Type: Industrial
• Square Footage: 833,277

Ares Management Real Estate Funds & Pinchal & Co. served as the landlord in this transaction. Their involvement ensured that the property was made available for lease or sale. This deal highlights the importance of having experienced and reputable landlords in the commercial real estate market. The successful collaboration between the lender, PCCP LLC, and the landlord, Ares Management Real Estate Funds & Pinchal & Co., resulted in a closed transaction for this industrial property.