Bellwether Enterprise Real Estate Capital recently closed a $9 million loan for an industrial property in Chicago.
The warehouse and distribution building received a refinance loan for a 700,000-square-foot, cross-dock facility constructed in the late 90s, according to a statement from Bellwether. The building features 30-foot minimum clear height, ESFR sprinkler system, 120-feet truck courts and ample loading.
Bellwether’s new Los Angeles office arranged the refinancing. Shelley Magoffin, executive vice president, and Max Sauerman, vice president worked on the transaction.
