Northmarq Arranges $28.1M Construction Loan For 248,000 SF Industrial Property In Tacoma, WA

1950 South State Street

Industrial

248,000 SF

Financed 1 year ago

Summary

Loan

WASHINGTON

Industrial

248,000 sqft

An industrial property located at 1950 S State St in Tacoma, WA has been involved in a recent closed transaction.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: $28,100,000
Square Footage: 248,000
Address: 1950 S State St, Tacoma, WA
Market: Tacoma, WA

The deal was facilitated by Scott Moline and Bob Spiro from Northmarq acting as brokers.

The transaction involved a construction loan of $28,100,000. The loan has a three-year term and is structured as an interest-only loan.

Players

All
3

Agents
2
Agencies
1

Scott Moline

Vice President

Bob Spiro

Senior Vice President/Managing Director

NorthMarq

Details

Deal Summary

FINANCED

IMAGE: Scott Moline & Bob Spiro DATE: 01/07/2022 ADDRESS: 1950 S State St MARKET: Tacoma, WA ASSET TYPE: Industrial ~ SF: 248,000 BROKERS: Scott Moline & Bob Spiro - Northmarq LOAN AMOUNT: $28,100,000 LOAN TYPE: Construction Loan LOAN TERM: three-year, interest-only loan

View on map

Address1950 South State Street

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want