CBRE Secures $26.4M Acquisition Loan for Industrial Property in Tucker, Georgia

CIP Pays $37M for Tucker Warehouses

CIP Real Estate purchased the Lavista Business Park in Tucker, Georgia, from ATCAP Partners for $37 million. CBRE arranged a $26.3 million loan to acquire the Park, a 217,496-square-foot industrial property. Mike Ryan, Brian Linnihan, Richard Henry and Taylor Crowder with CBRE Capital Markets’ Debt & Structured Finance team in Atlanta secured the five-year floating-rate, maximum interest-only loan from LoanCore Capital on behalf of the sponsor a…

CBRE Secures $26.4M Acquisition Loan for Industrial Property in Tucker, Georgia

TUCKER, GA. — CBRE has secured a $26.4 million acquisition loan for Lavista Business Park, a 217,496-square-foot industrial property located on 11.8 acres at 2000-2068 Weems Road in Tucker, about 18 miles northeast of Atlanta. Irvine, Calif.-based CIP Real Estate purchased the park from Dallas-based ATCAP Partners for $37 million. Mike Ryan, Brian Linnihan, Richard Henry and Taylor Crowder of CBRE Capital Markets’ Debt & Structured Finance team …