CIP Real Estate Secures $25.2M Loan For Industrial Properties In Grand Prairie, Dallas, & Fort Worth | 1830 & 1840 High Prairie Road, 2202 Manana Drive, & 5309 Superior Parkway | Bank of Hope | Jarrod McCabe, Adam Roossien, Stephen Bailey, Dustin Volz, Kevin MacKenzie | Industrial | Loan

Summary

Loan

TEXAS

Industrial

168,600 sqft

The industrial property located at 1830 & 1840 High Prairie Road, 2202 Manana Drive, and 5309 Superior Parkway in Grand Prairie, Dallas, and Fort Worth has been involved in a recent loan transaction. The property spans across 35.3 acres and offers a total of 168,600 square feet of space.

Summary of transaction details

Property Type: Industrial
Market: Grand Prairie, Dallas, and Fort Worth
Address: 1830 & 1840 High Prairie Road, 2202 Manana Drive, and 5309 Superior Parkway
Square Footage: 168,600
Acres: 35.3

CIP Real Estate has secured a $25,200,000 loan from Bank of Hope for the industrial property. The loan terms include a five-year fixed rate, non-recourse agreement. The transaction was facilitated by the brokers Jarrod McCabe and Kevin MacKenzie from JLL.

Players

All
8

Agents
5
Agencies
2
Lenders
1

$267M Sold

$47M Sold

Executive Managing Director

$864.8M Sold

Details

Deal Summary

FINANCED

IMAGE: Jarrod McCabe & Kevin MacKenzie DATE: 01/27/2021 ADDRESS: 1830 & 1840 High Prairie Road, 2202 Manana Drive, & 5309 Superior Parkway MARKET: Grand Prairie, Dallas, & Fort Worth ASSET TYPE: Industrial SF: 168,600 ACRES: 35.3 BORROWER: CIP Real Estate LENDER: Bank of Hope BROKERS: Jarrod McCabe, & Kevin MacKenzie - JLL LOAN AMOUNT: $25,200,000 LOAN TERMS: Five-year, fixed-rate, non-recourse loan

View on map

Address1830 & 1840 High Prairie Road, 2202 Manana Drive, & 5309 Superior Parkway

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