Wells Fargo Provides $13.2M Loan For Woodridge Industrial Property | 10216 Werch Drive | Wells Fargo | Jeff Sause, Brian Walsh | Industrial | Loan

Summary

Loan

ILLINOIS

Industrial

148,012 sqft

An industrial property located at 10216 Werch Drive in Woodridge has been involved in a recent transaction. The property spans approximately 148,012 square feet and sits on a 12-acre lot.

Summary of transaction details

Property Type: Industrial
Transaction Amount: Not specified
Address: 10216 Werch Drive, Woodridge
Market: Woodridge

The lender for this transaction was Wells Fargo. Unilev Capital, represented by Raymond Levy, Ian Konowitch, and Peter Berges, along with Nitin Chexal of Palladius Capital Management, acted as the landlord. The deal was facilitated by Jeff Sause and Brian Walsh of JLL Capital Markets.

The transaction involved a three-year, floating-rate loan for an acquisition.

Players

All
5

Agents
2
Agencies
2
Lenders
1

$246.6M Sold

$112M Sold

Details

Deal Summary

FINANCED

IMAGE: Ian Konowitch, Brian Walsh, Raymond Levy, Jeff Sause & Peter Berges DATE: 10/28/2021 ADDRESS: 10216 Werch Drive MARKET: Woodridge ASSET TYPE: Industrial ~ SF: 148,012 ~ ACRES: 12 LENDER: Wells Fargo LANDLORD: Unilev Capital - Raymond Levy, Ian Konowitch & Peter Berges; Nitin Chexal - Palladius Capital Management BROKERS: Jeff Sause & Brian Walsh - JLL Capital Markets LOAN AMOUNT: $13,200,000 LOAN TYPE: Acquisition LOAN TERMS: three-year, floating-rate loan

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Address10216 Werch Drive

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