2253 Apparel Inc. Secures $97.4M Acquisition Loan For Industrial Property In Perris, CA

100 Walnut Avenue

Industrial

205,830 SF

Financed 1 year ago

Summary

Loan

CALIFORNIA

Industrial

205,830 sqft

An industrial property located at 100 Walnut Avenue in Perris, CA has recently been involved in a loan transaction. The property spans approximately 205,830 square feet and sits on a 10-acre lot. It is owned by 2253 Apparel Inc.

Summary of transaction details

Property Type: Industrial
Loan Amount: $97,400,000
Loan Type: Acquisition Loan
Lenders: Israel Discount Bank of New York & Valley National Bank
Landlord: 2253 Apparel Inc.

The loan, which was obtained on September 22, 2022, amounts to $97,400,000 and is categorized as an acquisition loan. The lenders involved in the transaction are Israel Discount Bank of New York and Valley National Bank. 2253 Apparel Inc. serves as the landlord.

Details

Deal Summary

FINANCED

IMAGE: 09/22/2022 ADDRESS: 100 Walnut Avenue MARKET: Perris, CA ASSET TYPE: Industrial ~ SF: 205,830 ~ ACRES: 10 LENDER: Israel Discount Bank of New York & Valley National Bank LANDLORD: 2253 Apparel Inc. LOAN AMOUNT: $97,400,000 LOAN TYPE: Acquisition Loan

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Address100 Walnut Avenue

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