Metro Credit Union Provides $20.4M Loan For Industrial Property Acquisition In Peabody, MA
1 2nd Street
Industrial
157,293 SF
157,293 SF
Financed 1 year ago
Summary
The industrial property located at 1 2nd St in Peabody, MA has been involved in a recent closed transaction. The property spans a total of 157,293 square feet and falls under the industrial asset type category.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $20,360,000
- Date: 06/06/2022
- Lender: Metro Credit Union
- Landlord: Oliver Street Capital & Bain Capital Real Estate
- Brokers: Brett Paulsrud & Amy Lousararian - JLL
The loan provided for this transaction was an acquisition financing arrangement. The borrowing party was able to secure a loan amount of $20,360,000 from Metro Credit Union. Broker representatives, Brett Paulsrud and Amy Lousararian from JLL, facilitated the deal on behalf of the involved parties.
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4
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1 2nd Street
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