FINANCED
Centreville Bank Provides $10.6M Loan For Industrial Property Acquisition, Lowell MA
160 Industrial Avenue
Industrial
55,325 SF
55,325 SF
Financed 1 year ago
Summary
Loan
MASSACHUSETTS
Industrial
55,325 sqft
The industrial property located at 160 Industrial Ave in Lowell, MA was recently involved in a closed transaction. The property spans a total area of 55,325 square feet. The deal was facilitated by brokers Brett Paulsrud and Amy Lousararian from JLL. The lenders in this transaction were Centreville Bank.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $10,630,000
- Loan Type: Acquisition loan
- Loan Terms: Five-year, fixed-rate, non-recourse acquisition loan
Oliver Street Capital and Bain Capital Real are the landlords of the property. It is important to note that no additional information was provided regarding the individuals or companies involved in this transaction.
Players
All
4
Agents
2
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Brett Paulsrud & Amy Lousararian
DATE: 06/14/2022
ADDRESS: 160 Industrial Ave
MARKET: Lowell, MA
ASSET TYPE: Industrial ~ SF: 55,325
LENDER: Centreville Bank (@CentrevilleBank)
LANDLORD: Oliver Street Capital & Bain Capital Real (@BainCapitalVentures)
BROKERS: Brett Paulsrud & Amy Lousararian - JLL (@JLL)
LOAN AMOUNT: $10,630,000
LOAN TYPE: Acquisition loan
LOAN TERMS: Five-year, fixed-rate, non-recourse acquisition loanView on map
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Address160 Industrial Avenue
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