 |
West Chester, OH Distribution Center 8778 – 8910 Le Saint Drive |
LOS ANGELES, CA – HFF announced today that it has arranged
an $11.29 million senior loan and $7.2 million in preferred equity for a 697,500-square-foot
distribution center located in West Chester, Ohio.
 |
| Paul Brindley |
HFF worked exclusively on behalf of Cohen Asset Management,
Inc. (“CAM”) to secure the $11.29 million, four-year, 3.25 percent fixed-rate
loan through a leading life insurance company.
In addition, HFF also secured $7.2 million in preferred equity from
Terra Capital Partners, LLC.
Built in 2006, the facility is located at 8778 – 8910 Le
Saint Drive approximately 17 miles north of downtown Cincinnati in the
Tri-County submarket.
The HFF team representing the borrower was led by senior
managing director Paul Brindley and senior real estate analyst Jeff
Sause.
Established in 1992, Cohen Asset Management, Inc. is a
national owner and operator of commercial property with a primary focus on
industrial real estate. Cohen Asset
Management, Inc. is strategically headquartered in Southern California with a
regional office in northern New Jersey.
For a complete copy of the company’s news release, please
contact
Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell:
617-543-4873
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