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Tennessee

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Industrial

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328 Weakley Lane

Emerald Creek Capital Provides $22.7M Loan To Alpaca Real Estate And LRC Properties In Smyrna
FINANCEDIndustrial

Emerald Creek Capital Provides $22.7M Loan To Alpaca Real Estate And LRC Properties In Smyrna

328 Weakley Lane

$22,700,000

$92/SF

Building Size

245,000 SF

Asset Type

Industrial

Closing

Jul 14, 2025

AI

The property involved in this transaction is a mixed-use industrial site located at 328 Weakley Lane in Smyrna, TN. This asset features a total square footage of 245,000 and is fully leased at the time of acquisition.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $22,700,000
  • Lender: Emerald Creek Capital
  • Landlord: Alpaca Real Estate & LRC Properties
  • Broker: Matt Fantuzzi - Emerald Creek Capital
  • Loan Type: Acquisition

Emerald Creek Capital was responsible for providing the acquisition loan, while Alpaca Real Estate and LRC Properties are the entities that secured the financing to acquire the property. The involvement of broker Matt Fantuzzi facilitated this transaction, representing the lender in this loan agreement.

Players

Matt Fantuzzi

Emerald Creek Capital

Broker

$114.3M

vol

14 deals

Broker
CBRE
CBREBrokerage
Emerald Creek Capital
Emerald Creek CapitalLender

Smyrna Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.70%

Cash-on-Cash

-0.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93