$19,700,000 | York Real Estate

Property: 5065 Sugarloaf Parkway & 16227 Vance Jackson Road
Location: Lawrenceville, GA & San Antonio, TX
Description: Sugarloaf totals 95,270 net rentable square feet consisting of 858 storage units. The Rim totals 93,270 net rentable square feet across 1,059 climate-controlled units. The Class A assets are strategically positioned in markets with positive underlying fundamentals where they can capitalize on strong demand and are both well located on primary thoroughfares with high daily traffic counts.
Loan Type: Acquisition/Bridge Loan
Lender: Global RE Investment Management Firm

Client Benefits:

  • 75% LTC acquisition financing
  • 3-year term with two, one-year extension options
  • No prepayment penalty
  • Flexible release provisions