Fitzgerald of Largo Capital arranges $3.75 million mortgage loan

Sarasota, FL Ian Fitzgerald of Largo Capital, Inc., recently arranged a permanent first mortgage for a fully occupied industrial and retail portfolio. The loan features a 10-year term with a 5-year fixed rate, 25-year amortization, and no prepayment penalty, offering the borrower both stability and flexibility.

The portfolio includes two adjacent industrial buildings totaling approximately 17,000 rentable s/f across 13 flexible-use bays, accommodating a diverse tenant mix. It also includes a nearby standalone retail building of roughly 5,000 s/f, leased long-term and located along a high-traffic commercial corridor, making it ideal for customer-facing operations.

Strategically positioned across the Sarasota market, the properties benefit from strong visibility and access to major transportation routes. The surrounding area is experiencing significant growth, driving demand for both industrial and retail space. With full occupancy, prime locations, and long-term financing in place, this transaction highlights Largo Capital’s ability to deliver tailored debt solutions aligned with market trends and client objectives.