Gantry Secures $15.5M Loan For Lee Johnson Nissan Dealership In Kirkland, WA

The asset involved in the transaction is a retail property located at 11930 124th Avenue Northeast, Kirkland, WA. The property served as the site for the Lee Johnson Nissan dealership. A loan amounting to $15,500,000 was secured for this property, with the financial structure comprising a five-year fixed-rate loan and 30-year amortization.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $15,500,000
• Loan Terms: Five-year fixed-rate loan with 30-year amortization
• Address: 11930 124th Avenue Northeast
• Market: Kirkland, WA

The loan was arranged by Gantry, with principals Demetri Koston and Michael Taylor representing a private real estate investor in the deal. Gantry was responsible for securing the financing for the project.