Longpoint Realty Partners Acquires Industrial Property In Van Nuys For $52M
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This Industrial property located in CA received a loan of $52,000,000 almost 2 years ago. The brokers of the deal were Peter Thompson and Greg Brown
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- Location7054 Gerald Avenue, Van Nuys, California 91406, United States
- Loan Value$52,000,000
- Asset TypeIndustrial
- Parties2 Brokers, 1 Agency
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Deal Summary
LOAN
IMAGE: Greg Brown & Peter Thompson
DATE: 05/06/2022
ADDRESS: 7054-7104 Gerald Avenue
MARKET: Van Nuys
ASSET TYPE: Industrial ~ SF: 84,000 ~ ACRES: 12.0
LANDLORD: Longpoint Realty Partners
BROKERS: Greg Brown & Peter Thompson - JLL Capital Markets (@Jll) (@Jll_USA)
LOAN AMOUNT: $52,000,000
LOAN TERMS: 3-year, floating-rate, non-recourse
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7054-7104 Gerald Avenue
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