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Newmark brokers $525M loan for National Net-Leased Portfolio
FINANCED

SomeraRoad Secures $525M Loan For National Net-Leased Portfolio In Detroit, Chicago, Boston & St. Louis

Newmark brokers $525M loan for National Net-Leased Portfolio

6,800,000 SF
clock iconFinanced 284 days ago
Jake Neeb
Dustin Stolly
Christopher (Chris) Kramer
+ 3
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Summary

Loan
ILLINOIS
6,800,000 sqft

A national net-leased portfolio transaction has taken place in Detroit, Chicago, Boston, and St. Louis. The industrial property involved in the deal spans approximately 6,800,000 square feet. The address of the property has not been specified in the provided context.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $525,000,000
  • Lender: Bank of Montreal
  • Landlord: SomeraRoad

The financing for this transaction was provided by the Bank of Montreal. Acting as brokers in the deal were Jordan Roeschlaub, Dustin Stolly, Chris Kramer, Nick Scribani, and Jake Neeb, representing Newmark.

Players

  • All

    7

  • Agents

    5

  • Agencies

    1

  • Lenders

    1

Jake Neeb's profile picture
Jake Neeb
Newmark-image
Analyst, Debt and Structured Finance
Dustin Stolly's profile picture
$5.1B Sold

Details

Deal Summary
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FINANCED
IMAGE: Chris Kramer, Jordan Roeschlaub, Dustin Stolly & Nick Scribani DATE: 02/09/2022 ADDRESS: National Net-Leased Portfolio MARKET: Detroit, Chicago, Boston & St. Louis ASSET TYPE: Industrial ~ SF: 6,800,000 LENDER: Bank of Montreal LANDLORD: SomeraRoad BROKERS: Jordan Roeschlaub, Dustin Stolly, Chris Kramer, Nick Scribani & Jake Neeb - Newmark LOAN AMOUNT: $525,000,000

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AddressNewmark brokers $525M loan for National Net-Leased Portfolio

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