Metro Business Park Secures $8M Loan In Salt Lake City With Chad O’Connor's Representation

The asset involved in this transaction is an industrial property located at 2235 1300 South in Salt Lake City, UT. The property covers a square footage of 52,152 and is associated with a loan amount of $8,000,000.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $8,000,000
• Loan Date: 04/23/2026
• Broker: Chad O’Connor - Marcus & Millichap
• Market: Salt Lake City, UT
• Financing Terms: 3-year, interest-only; 7.5% interest rate
• Lender Type: Private regional lender
• Client Type: Orange County-based private equity firm

This transaction was facilitated by Marcus & Millichap Capital Corporation, which arranged the financing. The involvement of Chad O’Connor as the broker signifies the brokerage's role in securing the loan on behalf of the equity firm for the Metro Business Park asset.