Burton-Katzman Acquires Industrial Property In Chesterfield Township, MI For $17.5M
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This Industrial property located in MI received a loan of $17,500,000 almost 2 years ago. The brokers of the deal were Yaakov Zar, Richard Sutton, and Max Lipner
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- Location52029 Sierra Drive, Chesterfield, Michigan 48047, United States
- Loan Value$17,500,000
- Asset TypeIndustrial
- Parties3 Brokers, 1 Agency
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Deal Summary
LOAN
IMAGE: Justin Piasecki, Richard Sutton, Max Lipner & Yaakov Zar
DATE: 06/16/2022
ADDRESS: 52029 & 30921 Sierra Drive
MARKET: Chesterfield Township, MI
ASSET TYPE: Industrial ~ SF: 179,000
LANDLORD: Burton-Katzman - Dominion Real Estate Advisors
BROKERS: Yaakov Zar, Justin Piasecki, Richard Sutton (@Rich_Sutt) & Max Lipner (@Maxyl) - Lev Capital
LOAN AMOUNT: $17,500,000
LOAN TYPE: Construction
LOAN TERMS: Loan Amount: $17,500,000, LTC: 90%
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52029 & 30921 Sierra Drive
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