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4465 Industrial Center Drive
FINANCED

Black Bear Capital Partner Arranges $15.9M Refinancing For Industrial Property In Obetz, OH

4465 Industrial Center Drive

Industrial
303,159 SF
clock iconFinanced 1 year ago
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Summary

Loan
OHIO
Industrial
303,159 sqft

The 303,159 square foot industrial cold storage property located at 4465 Industrial Center Drive in Obetz, OH has undergone a refinancing transaction. The loan amount for this deal was $15,925,000. The loan was provided by a balance sheet lender.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $15,925,000
  • Market: Obetz, OH
  • Broker: Brandon Harris - Black Bear Capital Partner
  • Loan Type: Refinance

The refinancing of this industrial cold storage property was made possible through a 7-year fixed rate non-recourse loan. The loan has a fixed interest rate of 4.625% and offers 12 months of interest-only payments. It also features a 30-year amortization schedule and a flexible declining scale prepayment option.

Details

Deal Summary
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FINANCED
IMAGE: Brandon Harris DATE: 10/21/2022 ADDRESS: 4465 Industrial Center Drive MARKET: Obetz, OH ASSET TYPE: Industrial ~ SF: 303,159 BROKER: Brandon Harris - Black Bear Capital Partner (@BlackBearCapitalPartners) LOAN AMOUNT: $15,925,000 LOAN TYPE: Refinance LOAN TERMS: The refinance of the 303k SF industrial cold storage property was financed via a 7-year fixed rate non-recourse loan at 4.625%, features 12 months of interest-only payments, 30-year amortization, and a flexible declining scale prepay. The financing was provided by a balance sheet lender.

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Address4465 Industrial Center Drive

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