Merchants Bank Provides $13M Construction Loan For Industrial Warehouse In Madison, WI
5525 tradesman drive
Industrial
133,000 SF
133,000 SF
Financed 1 year ago
Summary
The development of an industrial warehouse located at 5525 Tradesman Drive in Madison, WI has been financed through a construction loan. The warehouse spans over 133,000 square feet and was funded by Merchants Bank. Likewise Partners acted as the landlord for this transaction.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $13,017,000
- Address: 5525 Tradesman Drive, Madison, WI
- Market: Madison, WI
- Loan Amount: $13,017,000
- Loan Type: Construction
The loan for the development of this industrial warehouse was provided by Merchants Bank. It is a 10-year fixed-rate loan with 36 months of interest-only payments. The brokers involved in this deal were Scott Modelski and Raymond Zanca from Black Bear Capital Partners.
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5525 tradesman drive
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