Transaction Type
Industrial
Loan Type
Permanent Loan
Loan Term
10-Year Term, 30-Year Amortization After 3 Years of Interest Only
Highlights
• Refinance of a 365,000 SF industrial building located in Newport News, Virginia, near the Port of Virginia, which is one of the busiest ports in the United States.
• Fully occupied at the time of closing, with nearly 90% of the space leased to investment-grade tenancy.
• Loan structured with a three-year interest-only period
