Apollo Commercial Real Estate Provides $300M Loan For Industrial Property In Sunset Industrial Park

Located in the Sunset Industrial Park, the industrial property at 75-81 20th Street has recently undergone a closed transaction. Acting as the lender, Apollo Commercial Real Estate provided a loan of $300,000,000 for this deal. The building spans 1,600,000 square feet of space. The property was owned by DHPH & Bridge Development Partners and their representatives during the transaction were Jonathan Schwartz, Aaron Appel, Mo Beler, and Michael Diaz of JLL NY Capital Markets.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $300,000,000
• Address: 75-81 20th Street
• Market: Sunset Industrial Park
• Lender: Apollo Commercial Real Estate
• Landlord: DHPH & Bridge Development Partners
• Representatives: Jonathan Schwartz, Aaron Appel, Mo Beler, and Michael Diaz

The involvement of Jonathan Schwartz, Aaron Appel, Mo Beler, and Michael Diaz from JLL NY Capital Markets as the representatives of DHPH & Bridge Development Partners showcases the dedication and expertise that went into this transaction. This deal has further solidified the strong presence of Apollo Commercial Real Estate in the lending space for industrial properties.