BEB Lending Provides $3M Loan For Industrial Property In Hazleton, PA
101 Carleton Avenue
10,890 SF
Summary
The industrial property located at 101 Carleton Avenue in Hazleton, PA was involved in a recent transaction. The property spans across 185,000 square feet and is situated in the Lehigh Valley, a prominent industrial hub offering convenient access to Philadelphia, NJ, and NYC.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,000,000
- Market: Hazleton, PA
- Lender: BEB Lending, represented by Lee Brodsky, Keyvan Ghaytanchi, and Sean Silverbrook from BEB Capital
- Borrower: Certified Manufacturers Corp
Certified Manufacturers Corp, a manufacturer of prefabricated exteriors for renowned brands like Bank of America, Starbucks, and Taco Bell, will utilize this property. The deal closed in less than 30 days, marking the eighth successful transaction conducted by BEB Lending, the lending division of BEB Capital. With a specialization in industrial real estate and extensive experience in real estate lending, investment, and development, BEB's principals leverage their wealth of knowledge and industry relationships to assess deal capitalizations, address potential challenges, and offer innovative capital solutions for growing businesses.
To learn more about BEB Lending and their services, visit beblending.com. For inquiries, you can contact Sean Silverbrook at [email protected].
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