Thor Equities Refinances Industrial Portfolio In Philadelphia For $13.03M

The industrial property in Philadelphia, PA, located at 4219 Richmond St., 4235 Richmond St., 2840 Hedley St., 2860 Hedley St., & 4101 Carbon St, was recently involved in a refinancing transaction with a loan amount of $13,033,000. The property consists of four cross-dock terminals, an ambulance service center with a two-story office and maintenance area, as well as ample space for truck parking suitable for industrial outdoor storage. These subtypes within industrial are in high demand due to their close proximity to major transportation routes and the Port of Philadelphia.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $13,033,000
• Lender: David Perlman, Henry Johnson & Eddie Prosser - Thorofare Capital
• Landlord: Thor Equities
• Loan Type: Refinance

The lenders involved in the refinance deal for the industrial property include David Perlman, Henry Johnson, and Eddie Prosser from Thorofare Capital. Thor Equities serves as the landlord for the property, showcasing a collaborative effort between the financial institutions and the property owner to facilitate the refinancing process.