Landmark Companies Secures $39.5M Bridge Loan For Mesquite Industrial Properties

The industrial properties located at 2401 & 2601 East Meadows Boulevard in Mesquite, Texas, spanning 355,000 square feet, were involved in a recent transaction. Julia Baytler of Landmark Companies secured a $39.5 million bridge loan for these fully leased properties in the East Texas industrial market. The loan was arranged by Thorofare Capital and Peak Rock Capital, supporting Landmark's manufacturing and distribution operations.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $39,500,000
• Address: 2401 & 2601 East Meadows Boulevard
• Market: Mesquite
• Asset Type: Industrial
• Square Footage: 355,000
• Lender: Thorofare Capital & Peak Rock Capital
• Landlord: Julia Baytler - Landmark Companies
• Broker: Aj Felberbaum, Jay Miller & Spencer Miller - BayBridge Real Estate Capital

The bridge loan will facilitate Landmark's operational activities within the robust industrial market of Mesquite, Texas, maintaining the fully leased status of the properties. The successful transaction was overseen by key individuals in the deal, including the brokers Aj Felberbaum, Jay Miller, and Spencer Miller from BayBridge Real Estate Capital, ensuring the smooth completion of the financing to support Landmark's strategic initiatives.