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