FINANCED
Wells Fargo Bank Provides $84.3M Loan For Industrial Properties In Miami, Bradenton, Forest Park, Greensboro, Phoenix, And Memphis
1350 Northwest 74th Street
Industrial
1,580,000 SF
1,580,000 SF
Summary
Loan
FLORIDA
Industrial
1,580,000 sqft
An industrial property located at 1350 NW 74th Street, 3115-3165 Lakewood Ranch Blvd, 5300 Kennedy Road, 404, 420 A&B N. Chimney Road, and 4565 W. Watkins Street, with a total area of 1,580,000 square feet, was involved in a closed transaction.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $84,300,000
- Market: Miami, Bradenton, Forest Park, Greensboro, Phoenix, and Memphis
The lender for this transaction was Wells Fargo Bank, N.A. and the landlord was MDH Partners, represented by Arun Singh. The deal was brokered by Christopher Drew, Maxx Carney, Reid Carleton, Ed Coco, and Carl Beardsley from JLL.
The loan amount for this transaction was $84,300,000 with a five-year, floating-rate loan term.
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FINANCED
IMAGE: Christopher Drew, Maxx Carney, Reid Carleton, Ed Coco, & Carl Beardsley
DATE: 11/11/2020
ADDRESS: 1350 NW 74th Street, 3115-3165 Lakewood Ranch Blvd, 5300 Kennedy Road, 404, 420 A&B N. Chimney Road, 4565 W. Watkins Street, 3527-3539 & 3543 Lamar Avenue
MARKET: Miami, Bradenton, Forest Park, Greensboro, Phoenix, & Memphis
ASSET TYPE: Industrial
SF: 1,580,000
LENDER: Wells Fargo Bank, N.A.
LANDLORD: MDH Partners - Arun Singh
BROKERS: Christopher Drew, Maxx Carney, Reid Carleton, Ed Coco, & Carl Beardsley - JLL
LOAN AMOUNT: $84,300,000
LOAN TERMS: five-year, floating-rate loanView on map
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Address1350 Northwest 74th Street
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