Jeremy Giles Of Constellation Real Estate Partners Secures $17.3M Construction Loan From Texas State Bank For Development Site In Pasadena

The asset involved in this transaction is a development site located at 2543 Genoa Red Bluff Road in Pasadena. The property encompasses a total of 240,041 square feet and is classified as an industrial project. The total loan amount arranged for this construction project is $17,300,000, which is being utilized for the development efforts set to complete by 2026.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $17,300,000
• Address: 2543 Genoa Red Bluff Road
• Market: Pasadena
• Asset Size: 240,041 SF
• Lender: Texas State Bank
• Landlord: Jeremy Giles - Constellation Real Estate Partners
• Broker Representatives: Brian Linnihan, Richard Henry, Taylor Crowder, Mike Ryan & Jeremy Giles - CBRE
• Loan Type: Construction

The transaction features key individuals, including Jeremy Giles from Constellation Real Estate Partners as the landlord. The loan was arranged by CBRE, with representatives Brian Linnihan, Richard Henry, Taylor Crowder, Mike Ryan, and Jeremy Giles actively participating in the process.