BMO Provides $32.17 Million Acquisition Loan For Industrial Property In Taylor With Manulife As Landlord
781 Fm 3349
$32,175,000
$175/SF
Building Size
183,340 SF
Asset Type
Industrial
Closing
Jul 23, 2025
AI
The property asset is located at 781 Fm 3349 in the Taylor market, encompassing an industrial asset type with a total square footage of 183,340. The acquisition loan associated with this property amounts to $32,175,000.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $32,175,000
- Loan Type: Acquisition
- Loan Terms: 3
- Lender: BMO
- Landlord: Manulife Investment Management
- Landlord's Representatives: Melissa Rose, Nicole Barba, Preston Bacon, Jack Britton - JLL
Key individuals involved in the transaction include Melissa Rose, Nicole Barba, Preston Bacon, and Jack Britton, all representing the landlord, Manulife Investment Management, in this deal.
Players
Taylor Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.49%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93