BridgeInvest provides $43.2m refinance for Savannah industrial portfolio
Thor Equities Group has refinanced its Ardley Portfolio in Savannah, securing a $43.2 million BridgeInvest loan for 11 warehouse buildings spanning roughly 525,000 square feet.
Reporting and analysis grouped around #IndustrialRealEstate.
Thor Equities Group has refinanced its Ardley Portfolio in Savannah, securing a $43.2 million BridgeInvest loan for 11 warehouse buildings spanning roughly 525,000 square feet.
Volatile costs for steel, aluminum, appliances and other materials are complicating underwriting, procurement and scheduling decisions, with multifamily, industrial and office projects facing different pressure points.
In a Commercial Observer podcast, Warehub Executive Chairman James Holbrook discusses industrial leasing and the need for a more effective approach to short-term space transactions.
Cushman & Wakefield will market seven vacant industrial properties the Trump administration had intended to convert for immigrant detention, as federal officials seek to recover part of their acquisition outlay.
Luzern Associates has secured acquisition financing from Northwest Bank for its purchase of a three-building, 200,000-square-foot industrial portfolio in Beverly, Massachusetts.