Wells Fargo Provides $69.9M Acquisition Loan For Industrial Portfolio In Braselton And Memphis

The transaction involves the acquisition of a two-property industrial portfolio located in Braselton, GA and Memphis, TN. This industrial asset consists of a total of 1,600,000 square feet and was financed through a loan amount of $69,900,000. The lender for this acquisition loan is Wells Fargo.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $69,900,000
• Loan Amount: $69,900,000
• Loan Type: Acquisition
• Market: Braselton, GA & Memphis, TN
• Asset Size: 1,600,000 SF
• Lender: Wells Fargo
• Broker Representatives: Brian Linnihan, Richard Henry & Taylor Crowder - CBRE

The acquisition loan was arranged by CBRE, effectively facilitating the purchase of the industrial portfolio. The brokers involved in the transaction are Brian Linnihan, Richard Henry, and Taylor Crowder from CBRE, representing the interests of the parties involved in this deal.