Dalfen Industrial Secures $74.4M Construction Loan In Miami, Lake Park, And West Palm Beach

Dalfen Industrial, represented by Murray Dalfen & Sean Dalfen, has secured a $74,400,000 construction loan from TD Bank for an industrial property located at 11250 West 36th Ave, 2850 & 2886 Ranch House Road in Miami, Lake Park & West Palm Beach. The property spans over 615,251 square feet, making it a significant asset in the industrial market.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $74,400,000
• Address: 11250 West 36th Ave, 2850 & 2886 Ranch House Road
• Market: Miami, Lake Park & West Palm Beach
• Square Footage: 615,251
• Lender: TD Bank
• Landlord: Dalfen Industrial - Murray Dalfen & Sean Dalfen
• Loan Type: Construction Loan

The loan provided by TD Bank will fuel the construction of the industrial property, further expanding Dalfen Industrial's portfolio in the Miami, Lake Park & West Palm Beach market. This strategic move showcases their commitment to meeting the growing demand for industrial spaces in these areas.