IRG & Oak Street Secures $160M Loan For Industrial Development At 400 15th St SW, Auburn, WA

The industrial property located at 400 15th St SW in Auburn, WA has been involved in a recent loan transaction. The property spans across 129 acres, making it a significant asset in the market. The loan, which was obtained on June 15, 2022, was for a total amount of $160,000,000. This loan falls under the category of acquisition and development, indicating that it was used for the purpose of acquiring the property and funding its future development.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $160,000,000
• Address: 400 15th St SW, Auburn, WA
• Market: Auburn, WA
• Landlord: IRG & Oak Street
• Loan Type: Acquisition & Development

The loan transaction involved IRG & Oak Street as the property's landlord. They played a crucial role in facilitating the loan and ensuring the successful acquisition and development of the industrial property. Through this transaction, they have demonstrated their expertise and commitment to the market.