$12,300,000
Transaction Type
Refinance
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 growing area in the Plano submarket.
Outdoor parking/storage area available for tenants.
Property was 100% 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.