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NorthMarq Arranges $5M Industrial Loan For 38K SF Property On Royston Lane, Round Rock

1700 Royston Lane
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This Industrial property located in TX received a loan of $5,000,000 almost 3 years ago. The broker of the deal was Chase Johnson

An industrial property located at 1700 Royston Lane in Round Rock has recently closed in a transaction. The property spans across 38,024 square feet, providing ample space for various industrial purposes. The transaction, which took place on 04/22/2021, involved a loan amount of $5,000,000 with a 25-year amortization schedule.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $5,000,000
  • Loan Term: 25-year amortization schedule
  • Address: 1700 Royston Lane, Round Rock
  • Market: Round Rock
  • Loan Broker: Chase Johnson - NorthMarq
  • Image Source: Chase Johnson

Chase Johnson, a representative from NorthMarq, played a vital role in facilitating the loan transaction for the industrial property at 1700 Royston Lane. With their expertise and negotiation skills, the loan agreement was successfully reached, allowing the buyer to secure the necessary funds for the property acquisition. This transaction highlights the importance of trusted professionals in closing intricate real estate deals.

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Deals
  • Location
    1700 Royston Lane, Round Rock, TX 78664, USA1700 Royston Lane, Round Rock, TX 78664, USA
  • Loan Value
    $5,000,000$5,000,000
  • Asset Type
    IndustrialIndustrial
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Chase Johnson

Chase Johnson

Deals4
Financed$107.7M

Agency

Cushman & Wakefield

Cushman & Wakefield

Agency
Deals4190
Volume$167B

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Deal Summary

LOAN IMAGE: Chase Johnson DATE: 04/22/2021 ADDRESS: 1700 Royston Lane MARKET: Round Rock ASSET TYPE: Industrial BROKER: Chase Johnson - NorthMarq LOAN AMOUNT: $5,000,000 LOAN TERM: 25-year amortization schedule SF: 38,024

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1700 Royston Lane

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