TD Bank Provides $3.2M Acquisition Loan For Industrial Property In Philadelphia, PA

The industrial property located at 120 Erie Avenue in Philadelphia, PA has been involved in a recent loan transaction. The property spans a total of 57,266 square feet and is owned by MSM Equities, represented by Igor Derbaremdiker and John Frisina.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,210,000
• Lender: TD Bank
• Landlord: MSM Equities - Igor Derbaremdiker & John Frisina
• Broker: Frank Stanislaski - Progress Capital
• Loan Type: Acquisition

The loan amount for this acquisition transaction is $3,210,000 and it was provided by TD Bank. Frank Stanislaski from Progress Capital served as the broker for this deal.