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Philadelphia Industrial Park Receives $10 Million in Financing via Walker & Dunlop
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$10,084,000 in financing for
Curtis Industrial Park, a 520,085 square foot multi-tenant, owner-occupied industrial condominium in Sharon Hill, Pennsylvania.
Curtis Industrial Park
Walker & Dunlop s Philadelphia Capital Markets team was led by Managing Directors John Banas and Kris Wood, as well as Analysts Rhett Saltiel, John Wilson, Erik DiGirolamo, and Dan Quinn. The team arranged $3,672,000 in financing for the refinance of 278,990 square feet, which allowed the owner, Auroch Partners, to acquire an additional 241,095 square feet of adjacent industrial space. The acquisition financing totaled $6,412,000. Walker & Dunlop canvassed its strong network of capital providers and determined that a regional bank, which has a long-standing working relationship with the team, was the ideal capital partner for the client. The team structured the debt with full-ter