$18,575,000
Transaction Type
Acquisition
Loan Type
Bridge Loan
Loan Term
3 Years + 2x1 Year Extensions

Highlights
Acquisition of a Class A, 219,068 SF single tenant, industrial warehouse property located in North Las Vegas, recently vacated after approximately 25 years of tenant occupancy.
Excellent property location with quick access to I-15 and close proximity to retail amenities.
At loan closing, the property was 100% vacant. A10 structured the loan with facilities to fund planned CapEx and TI/LC costs to support lease-up.
While recently delivered vacant industrial properties have increased market vacancy, completion of planned CapEx is expected to position the property as a lower-cost option. relative to available supply.