Truist Financial Provides $18.5M Construction Loan For Development Site In Fort Pierce
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This Development Site property located in FL received a loan of $18,500,000 almost 2 years ago.
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- Location3800 Crossroads Parkway, Fort Pierce, Florida 34945, United States
- Loan Value$18,500,000
- Asset TypeDevelopment Site
- Parties1 Lender
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Deal Summary
LOAN
IMAGE: Daniel Gohari & Jacob Khotoveli
DATE: 06/17/2022
ADDRESS: 3800 Crossroads Pkwy
MARKET: Fort Pierce
ASSET TYPE: Development Site ~ BSF: 211,547
LENDER: Truist Financial
LANDLORD: JBL MGMT - Jacob Khotoveli & Avenue Property Group - Daniel Gohari (@Daniel_Gohari)
LOAN AMOUNT: $18,500,000
LOAN TYPE: Construction
NOTE FROM LANDLORD: Interstate Commerce Center will be a class A industrial facility, slated to be completed Q1 2023. For leasing information please reach out to Christopher Thomson, [email protected] 561-227-2019 or Chris Metzger, [email protected] 954-415-9155
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