Bandon Capital Advisors has successfully secured a $20 million refinancing deal for an industrial property in El Monte. The seven-acre site features outdoor storage and a 27,350-square-foot building, making it an attractive investment opportunity in the thriving Los Angeles market.
According to Bryan Kenny, co-founder and president of Bandon Capital Advisors, this transaction highlights the growing demand for industrial outdoor storage assets. In today’s uncertain economic climate, investors are seeking properties that offer protection from downside risk while also having potential for increased value.
The asset is currently leased to a Fortune 500 company and is strategically located near their main distribution facility. With the rise of e-commerce during the pandemic leading to increased demand for last-mile delivery solutions, there has been significant interest in industrial properties with excess land like this one.
This successful refinancing deal showcases Bandon Capital Advisor’s expertise in securing favorable financing options on behalf of private investors. Their ability to navigate complex transactions with life company lenders further solidifies their position as industry experts.
