Cushman & Wakefield Facilitates $163.3M Loan For 921,000 SF Industrial Property In Hudson Valley | 50 Prospect Hill Road | TJ Sullivan, Chuck Kohaut, Meredith Donovan, John Alascio | Industrial | Loan

Summary

Loan

NEW YORK

Industrial

921,000 sqft

An industrial property located at 50 Prospect Hill Road in Hudson Valley has been involved in a transaction. The property spans 921,000 square feet, situated on 328 acres of land.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: $163,300,000
Date: 12/03/2021
Lender: Heitman
Landlord: Lincoln Equities Group - Joel Bergstein & H.I.G. Realty Partners - Ira Weidhorn
Brokers: John Alascio, Chuck Kohaut, TJ Sullivan & Meredith Donovan - Cushman & Wakefield
Loan Type: Acquisition & Construction

The transaction involved the following key individuals and companies: John Alascio, Chuck Kohaut, TJ Sullivan, and Meredith Donovan from Cushman & Wakefield acted as brokers in the deal.

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Players

All
5

Agents
4
Agencies
1

TJ Sullivan

Associate Director

$188.3M Sold

Chuck Kohaut

Director, Equity, Debt, & Structured Finance

$188.3M Sold

Meredith Donovan

Associate

$25.3M Sold

John Alascio

Executive Managing Director

$206.3M Sold

Details

Deal Summary

FINANCED

IMAGE: Chuck Kohaut, John Alascio, Joel Bergstein, Ira Weidhorn, TJ Sullivan & Meredith Donovan DATE: 12/03/2021 ADDRESS: 50 Prospect Hill Road MARKET: Hudson Valley ASSET TYPE: Industrial ~ SF: 921,000 ~ ACRES: 328 LENDER: Heitman LANDLORD: Lincoln Equities Group - Joel Bergstein & H.I.G. Realty Partners - Ira Weidhorn BROKERS: John Alascio, Chuck Kohaut, TJ Sullivan & Meredith Donovan - Cushman & Wakefield LOAN AMOUNT: $163,300,000 LOAN TYPE: Acquisition & Construction

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Address50 Prospect Hill Road

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