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5525 tradesman drive
FINANCED

Merchants Bank Provides $13M Construction Loan For Industrial Warehouse In Madison, WI

5525 tradesman drive

Industrial
133,000 SF
clock iconFinanced 1 year ago
Scott Modelski
Raymond Zanca
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Summary

Loan
TEXAS
Industrial
133,000 sqft

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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Scott Modelski's profile picture
Scott Modelski
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Managing Director

Details

Deal Summary
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FINANCED
IMAGE: Scott Modelski & Raymond Zanca DATE: 12/15/2022 ADDRESS: 5525 Tradesman Drive MARKET: Madison, WI ASSET TYPE: Industrial ~ SF: 133,000 LENDER: Merchants Bank LANDLORD: Likewise Partners BROKERS: Scott Modelski & Raymond Zanca - Black Bear Capital Partners LOAN AMOUNT: $13,017,000 LOAN TYPE: Construction LOAN TERMS: The development of the industrial warehouse, spanning over 133K SF, was financed via a 10-year fixed-rate loan and 36 months of interest-only payments.

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Address5525 tradesman drive

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