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Brokerage
Posted: August 20, 2019
Outside the Region: Largo Capital arranges $20.4 million acquisition financing for industrial portfolio in Tampa, FL
Tampa, FL Kurt DeVries, managing director for Largo Capital, arranged a $20.4 million acquisition loan on an industrial portfolio. The portfolio is comprised of 16 properties, totals 462,646 s/f, which includes individual assets that vary in size from 5,500 to 78,662 s/f on nine parcels. The properties are close to the Tampa International Airport, the industrial and logistics hub of the city and the United States' eastern seaboard creating a successful location for the industrial properties.
Largo Capital obtained the 10-year fixed debt financing through one of its correspondent lenders, Voya Financial.
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