Aries Capital recently closed on a $50-million bridge loan for the acquisition of a 290,195-square-foot industrial property in Pomona. The $65.5 million transaction was completed in 17 days with assistance from Brandon Perdeck, Matt Carney and Steve Adams through a national balance sheet lender on behalf of buyer Hawkeye Holdings, LLC.
Lee & Associates negotiated the sale transaction which was the largest industrial deal to close in Pomona this year. Ron Mgrublian (Principal at Lee and Associates Los Angeles – Long Beach) and Ed Matevosian (First VP with CBRE Glendale) represented Hawkeye Holdings during negotiations.
Perdeck commented that “the right loan structure and proceeds were delivered within an expedited time frame to meet [the] acquisition deadline” allowing their client’s business to expand further from this strategic distribution center purchase
