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781 Fm 3349

BMO Provides $32.17 Million Acquisition Loan For Industrial Property In Taylor With Manulife As Landlord
FINANCEDIndustrial

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

Jack Britton

JLL

Broker

$943.1M

vol

9 deals

Broker
JLL
JLLBrokerage

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