JPMorgan Chase Provides $13.3M Refinance Loan For Industrial Properties In Cypress Hills, Brooklyn

An industrial property located at 3329 Atlantic Avenue, 257R Euclid Avenue & 279 Euclid Avenue in Cypress Hills, Brooklyn, has recently undergone a loan transaction. The property spans approximately 123,414 square feet and is owned by Storage Post, represented by William A. Palmer III.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $13,303,769
• Loan Type: Refinance

JPMorgan Chase, represented by Austin Lotito, provided a loan amounting to $13,303,769 to facilitate the refinancing of the property at 3329 Atlantic Avenue, 257R Euclid Avenue & 279 Euclid Avenue. This transaction allows the property owner, Storage Post, to leverage their industrial asset in Cypress Hills, Brooklyn.