Geis Cos. Secures $77.5 Million Refinancing From A10 Capital For Industrial Facility In Shalersville

The asset involved in this transaction is a 1 million-square-foot industrial facility located at 9575 State Route 44 in Shalersville, Ohio. This property is part of a planned eight-building logistics park spanning 470 acres. The lender for this transaction is A10 Capital, which provided a refinancing amount of $77.5 million, replacing a previous construction loan with Fifth Third Bank.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $77,500,000
• Lender: Jerry Dunn - A10 Capital
• Landlord: Geis Cos.
• Broker: JLL

The refinancing secured by Geis Cos. is notable as it pertains to the first completed building within the Turnpike Commerce Center, as managed by JLL, which is also handling the leasing for the entire logistics park.