Transaction Type
Flex Industrial
Loan Type
Bridge Loan
Loan Term
3 Years + 2x1 Year Extensions
Highlights
• Construction loan take-out facilitated for a newly constructed flex industrial property situated in a prime infill location within the East Dallas/Mesquite submarket.
• Outdoor parking/storage area available for tenants.
• Property was 96% occupied at the time of closing and achieved swift lease-up following completion.
• Well-located industrial property with positive cash flow.
• Part of a two-property cross-collateralized pool.
