Rhett Bennett Of Black Mountain Energy Secures $94.5M Loan For Industrial Complex In Benbrook

The property asset involved in the transaction is located at 7650 Winbrook Drive in the Benbrook market. This industrial complex spans 917,374 square feet and sits on 69 acres of land. Black Mountain Energy secured a loan amount of $94,500,000 from Affinius Capital for the acquisition of this property, known as Chisholm 20 Commerce Park.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $94,500,000
• Address: 7650 Winbrook Drive
• Market: Benbrook
• Total Square Footage: 917,374
• Acreage: 69
• Lender: Affinius Capital
• Landlord: Rhett Bennett - Black Mountain Energy
• Broker Representatives: Tom Burns & Hunter Hasbah - CBRE

The transaction involved the property being 82.6% leased to five tenants, which adds to its operational viability. The arrangement was facilitated by CBRE, highlighting the team's role in securing financing for Black Mountain Energy's acquisition from Jackson-Shaw Co., further indicating the involvement of multiple key players in this real estate transaction.