CBRE Brokers Secure $55.5M Loan For Acquisition Of 1,003,000 SF Industrial Property In Gaffney, SC

The industrial property located at 34 Commerce Drive in Gaffney, SC has been involved in a recent transaction. The property spans a total of 1,003,000 square feet, making it a significant asset in the market. The transaction, which took place on 12/12/2022, involved an acquisition loan of $55,500,000.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $55,500,000
• Market: Gaffney, SC
• Property Size: 1,003,000 square feet
• Landlord: LRC Properties
• Brokers: Brian Linnihan, Mike Ryan, Richard Henry & Taylor Crowder - CBRE

The deal was facilitated by the brokers Brian Linnihan, Mike Ryan, Richard Henry, and Taylor Crowder, who represented the buyer or seller in this acquisition. The involvement of CBRE demonstrates their expertise in handling industrial property transactions in Gaffney, SC.