Industrial Bridge Loan: West Phoenix, AZ

Recently Closed Bridge Loan:
In-Demand Industrial Property in West Phoenix, AZ

The RRA Capital team has recently provided a bridge loan for an industrial property in Phoenix, AZ. Built between 1962-1993, the property is a one-story, 140,000 square foot flex industrial building, situated on a 7.6-acre parcel. The property consists of six interconnected buildings with 9 exterior docks and 3 drive-in doors.

RRA Capital provided a $6,600,000 non-recourse, interest-only loan, with a 36-month initial term and two, 12-month extension options. In addition to funding acquisition, leasing costs, and capital expenditures, the loan also includes an interest reserve to supplement cash flow prior to stabilization.

View our updated terms and get in touch to learn more.