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1528 Bristol Pike

Updated Mar 18, 2026

$11.78M Loan Secured For Industrial Properties In Bensalem Joliet And Fort Myers
FINANCEDIndustrial

$11.78M Loan Secured For Industrial Properties In Bensalem Joliet And Fort Myers

1528 Bristol Pike, 2428 Reeves Road, 1715 Terry Drive, 4720 Laredo Avenue & 4750 Laredo Avenue

$11,775,000

Building Size

—

Asset Type

Industrial

Closing

Nov 24, 2025

About this deal

AI

The assets involved in the transaction include properties located at 1528 Bristol Pike, 2428 Reeves Road, 1715 Terry Drive, 4720 Laredo Avenue, and 4750 Laredo Avenue. These properties represent industrial assets in the markets of Bensalem, PA; Joliet, IL; and Fort Myers, FL. The loan associated with this transaction amounts to $11,775,000, specifically for acquisitions and refinancing purposes.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $11,775,000
  • Properties Addressed: 1528 Bristol Pike; 2428 Reeves Road; 1715 Terry Drive; 4720 Laredo Avenue & 4750 Laredo Avenue
  • Market Locations: Bensalem, PA & Joliet, IL; Fort Myers, FL
  • Loan Type: Acquisitions & refinancing
  • Landlord's Representative: Justin Boruchov, Morris Dabbah & Morris Betesh - Arrow Real Estate Advisors

The transaction features the involvement of key professionals in the commercial real estate sector, specifically represented by Justin Boruchov, Morris Dabbah, and Morris Betesh of Arrow Real Estate Advisors, who acted on behalf of the landlord in this deal. Their roles were critical in facilitating the transaction involving the extensive industrial properties across multiple markets.

On the Map

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$11,775,000

Industrial

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Players

Justin Boruchov

Arrow Real Estate Advisors

Broker

$510.5M

vol

13 deals

Broker
Wintrust Bank
Wintrust BankLender
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Bensalem Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.35%

Cash-on-Cash

-0.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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