Arrow Real Estate Advisors arranges $8.675 million acquisition loan for Blue Ledge Group’s industrial facility in East Peoria, IL.

East Peoria, IL Arrow Real Estate Advisors arranged $8.675 million in acquisition financing on behalf of Blue Ledge Group for the $11.525 million purchase of a single-tenant industrial distribution facility located at 600 W Camp St.

The transaction was arranged by Arrow’s Omar Ferreira and Will Farrell and financed by Symetra.

“Blue Ledge identified a well-tenanted industrial asset on an absolute-NNN lease, and our job was to match it with a lender who valued that profile,” said Ferreira. “We delivered a fixed-rate, life-company execution that gave the sponsor certainty on price and timing.”

The property totals 302,435 s/f on an 18.53-acre site in the Peoria MSA and is 100% leased on an absolute-NNN basis to SC2, a Peoria-based, employee-owned third-party logistics provider that has operated from the facility since 2019. The lease carries annual rent escalations, supporting the durable, growing cash flow underlying Blue Ledge Group’s acquisition.

“600 W Camp St. is exactly the type of acquisition Blue Ledge was built for,” said Matt Davidson, founder and managing principal, Blue Ledge Group. “Mission-critical industrial, strong tenant, durable cash flow. We’re pleased to close this with Arrow and look forward to continued growth across our target markets.”

Arrow ran a targeted capital markets process and secured a three-year fixed-rate solution from Symetra at 75% loan-to-value, delivering rate certainty and leverage on a timeline aligned with the sponsor’s acquisition. Arrow coordinated closely with the sponsor, lender, title company, and legal teams to satisfy diligence requirements and ensure successful closing.