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BlackBear Capital Partners Secures $4.8M Loan For Industrial Warehouse In Mount Pleasant, WI

1901 Chicory Road
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This Industrial property located in WI received a loan of $4,792,500 over 1 year ago. The brokers of the deal were Scott Modelski and Raymond Zanca

The acquisition of an industrial warehouse located at 1901 Chicory Road in Mount Pleasant, WI has been financed with a loan amount of $4,792,500. The warehouse spans approximately 134,805 square feet and is classified as an industrial property.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $4,792,500
  • Date: 07/08/2022
  • Address: 1901 Chicory Road
  • Market: Mount Pleasant, WI
  • Landlord: Likewise Partners
  • Brokers: Raymond Zanca & Scott Modelski - BlackBear Capital Partners

The loan was secured for the purpose of acquiring the industrial warehouse. The financing arrangement consists of a 5-year fixed rate loan with an interest rate of 3.61%.

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  • Location
    1901 Chicory Road1901 Chicory Road
  • Loan Value
    $4,792,500$4,792,500
  • Asset Type
    IndustrialIndustrial
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Scott Modelski

Scott Modelski

Deals15
Financed$139.4M

Agency

Black Bear Capital Partners

Black Bear Capital Partners

Agency
Deals294
Volume$6.3B

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Deal Summary

LOAN IMAGE: Raymond Zanca & Scott Modelski DATE: 07/08/2022 ADDRESS: 1901 Chicory Road MARKET: Mount Pleasant, WI ASSET TYPE: Industrial ~ SF: 134,805 LANDLORD: Likewise Partners BROKERS: Raymond Zanca & Scott Modelski - BlackBear Capital Partners (@BlackBearCapitalPartners) LOAN AMOUNT: $4,792,500 LOAN TYPE: Acquisition LOAN TERMS: The acquisition of an industrial warehouse, spanning approximately 135k SF, was financed via a 5-year fixed rate loan at 3.61%.

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1901 Chicory Road

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