The Geneva Group Acquires Industrial Portfolio In Jacksonville, FL For $5.7M Loan | 6225 & 6255 Lake Gray Boulevard | Eric Trombly | Industrial | Loan

Summary

Loan

FLORIDA

Industrial

91,486 sqft

The industrial property located at 6225 & 6255 Lake Gray Boulevard in Jacksonville, FL has been acquired in a closed transaction. The property is part of a portfolio consisting of two buildings, spanning a total of 91,486 square feet. The acquisition was made possible through a non-recourse, 7-year fixed rate loan with interest-only payments.

Summary of transaction details

Property Type: Industrial
Transaction Amount: $5,700,000
Market: Jacksonville, FL
Landlord: The Geneva Group - Jared Elmar
Broker: Eric Trombly - Black Bear Capital Partners

The Geneva Group, represented by Jared Elmar, served as the landlord for the property. Black Bear Capital Partners, with Eric Trombly as their broker, facilitated the acquisition of the industrial portfolio. The loan terms included a 7-year fixed rate with interest-only payments, allowing for a smooth transaction.

Players

All
2

Agents
1
Agencies
1

Eric Trombly

Senior Managing Director

Details

Deal Summary

FINANCED

IMAGE: Jared Elmar & Eric Trombly DATE: 08/26/2022 ADDRESS: 6225 & 6255 Lake Gray Boulevard MARKET: Jacksonville, FL ASSET TYPE: Industrial ~ SF: 91,486 LANDLORD: The Geneva Group - Jared Elmar (@Jelmar2000) BROKER: Eric Trombly (@Trombly17) - Black Bear Capital Partners (@BlackBearCapitalPartners) LOAN AMOUNT: $5,700,000 LOAN TYPE: Acquisition LOAN TERMS: The two (2) property industrial portfolio, spanning 91k SF, was acquired with a non, recourse, 7-year fixed rate loan with interest only payments.

View on map

Address6225 & 6255 Lake Gray Boulevard

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want