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Slawomir Krupa Of Societe Generale Provides $600 Million Construction Loan For Data Center In Chester VA

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FINANCED
$600,000,000
Jordan (Jordy) Roeschlaub
Jonathan Firestone
+ 2

Virginia

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Industrial1 SF
Financed 12/13/2024
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FINANCED

Slawomir Krupa Of Societe Generale Provides $600 Million Construction Loan For Data Center In Chester VA

1401 Meadowville Technology Parkway

See Similar Deals
Industrial1 SF
Financed 12/13/2024
Jordan (Jordy) Roeschlaub
Jonathan Firestone
+ 2
Contact now

Summary

VIRGINIA
Asset Type:Industrial
Price Per Square Foot:$600,000,000
Total Square Footage:1 SF
Transaction Type:Loan

The property asset involved in this transaction is a data center located at 1401 Meadowville Technology Parkway in Chester, VA. The lender for this deal is Slawomir Krupa representing Societe Generale, providing a construction loan amount of $600,000,000.

Summary of transaction details:

This transaction involves key players such as the landlords Marc Zahr, Doug Ostrover, Lee Hayes, and Douglas Fleit, who manage the property, alongside the brokerage team composed of five representatives from Newmark, including Jordan Roeschlaub, Jonathan Firestone, Clint Frease, Brent Mayo, and Benjamin Kroll.

Players

Benjamin (Ben) Kroll
13 deals$14.6B volume
BROKER

Jordan (Jordy) Roeschlaub
Newmark
321 deals$96.2B volume
BROKER

Jonathan Firestone
Newmark
38 deals$10.5B volume(310) 709-4910
BROKER

Brent Mayo
Newmark
7 deals$22.6B volume(207) 831-2190
BROKER

Clint Frease
Newmark
7 deals$3.6B volume(202) 770-8268
BROKER

Societe Generale
LENDER

Details

FINANCED
IMAGE: Benjamin Kroll, Jonathan Firestone, Jordan Roeschlaub, Brent Mayo, Marc Zahr, Doug Ostrover, Douglas Fleit, Slawomir Krupa, Lee Hayes & Clint Frease DATE: 12/13/2024 ADDRESS: 1401 Meadowville Technology Parkway MARKET: Chester, VA ASSET TYPE: Data Center LENDER: Slawomir Krupa - Societe Generale (@SocieteGenerale) LANDLORD: Marc Zahr & Doug Ostrover - Blue Owl; Lee Hayes - Chirisa & Douglas Fleit - Powerhouse Data Centers BROKERS: Jordan Roeschlaub (@JordyRoeschlaub), Jonathan Firestone, Clint Frease, Brent Mayo & Benjamin Kroll - Newmark (@Newmark) LOAN AMOUNT: $600,000,000 LOAN TYPE: Construction

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$600,000,000.00

Monthly NOI$4,000,000.00
Monthly Debt Service$3,792,408.14
Change in Cash Flow$0.00
Refinance Proceeds$0.00