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Gantry Secures $12.5M Loan For Industrial Property In Woodinville, WA

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FINANCED
$12,500,000

Washington

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Industrial66 SF
Financed 05/12/2022
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FINANCED

Gantry Secures $12.5M Loan For Industrial Property In Woodinville, WA

14051 Northeast 200th Street, Woodinville, Washington 98072, United States

See Similar Deals
Industrial66 SF
Financed 05/12/2022
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Summary

WASHINGTON
Asset Type:Industrial
Price Per Square Foot:$189,393
Total Square Footage:66 SF
Transaction Type:Loan

Located at 14051 NE 200th St in Woodinville, WA, this industrial property spans a total of 66,000 square feet. The transaction for this property involved a loan amount of $12,500,000.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $12,500,000
  • Market: Woodinville, WA
  • BROKERS: Mike Wood & Alex Saunders - Gantry

The deal was facilitated by Mike Wood and Alex Saunders of Gantry. They represented the parties involved in this transaction, ensuring a smooth process throughout.

Players

Alex Saunders
7 deals$118.1M volume
BROKER

Details

FINANCED
IMAGE: Mike Wood & Alex Saunders DATE: 12/05/2022 ADDRESS: 14051 NE 200th St MARKET: Woodinville, WA ASSET TYPE: Industrial ~ SF: 66,000 BROKERS: Mike Wood & Alex Saunders - Gantry LOAN AMOUNT: $12,500,000

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$12,500,000.00

Monthly NOI$83,333.33
Monthly Debt Service$79,008.50
Change in Cash Flow$0.00
Refinance Proceeds$0.00