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

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.