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Gantry Secures $17.1 Million Refinance Loan For FedEx Leased Warehouse In Everett, WA
FINANCED
$17,100,000
Washington
See Similar DealsIndustrial123,000 SF
Financed 08/20/2025
FINANCED
Gantry Secures $17.1 Million Refinance Loan For FedEx Leased Warehouse In Everett, WA
7301 Hardeson Road
See Similar DealsIndustrial123,000 SF
Financed 08/20/2025
Summary
WASHINGTON
Asset Type:Industrial
Price Per Square Foot:$139
Total Square Footage:123,000 SF
Transaction Type:Loan
The property involved in this transaction is an industrial asset located at 7301 Hardeson Road, Everett, WA, with a total square footage of 123,000. The loan amount associated with this property refinancing is $17,100,000.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $17,100,000
- Loan Type: Refinance
- Loan Date: 08/20/2025
- Broker Representatives: Tony Kaufmann & Joe Foley - Gantry
- Asset Status: Fully leased to FedEx
- Loan Features: 10-year fixed-rate, partial interest-only period, 30-year amortization
The loan was arranged for a private investor, and Gantry is responsible for servicing the debt associated with this transaction.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$17,100,000.00
Monthly NOI$114,000.00
Monthly Debt Service$108,083.63
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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