SENTRE Acquires Parkway Commerce Center in Poway
JLL Capital Markets has arranged the sale and financing of Parkway Commerce Center, a multi-tenant industrial park totaling 148,000 square feet in Poway, CA. JLL represented the seller in the transaction and arranged a $21.43 million fixed-rate loan through a correspondent insurance company on behalf of the buyer, SENTRE. “We appreciate the long-standing relationship with ... The post SENTRE Acquires Parkway Commerce Center in Poway appeared first on Connect CRE.
JLL Capital Markets has arranged the sale and financing of Parkway Commerce Center, a multi-tenant industrial park totaling 148,000 square feet in Poway, CA. JLL represented the seller in the transaction and arranged a $21.43 million fixed-rate loan through a correspondent insurance company on behalf of the buyer, SENTRE.
“We appreciate the long-standing relationship with both Seller and JLL and welcome Parkway to our growing portfolio of best in class industrial,” said SENTRE CEO Doug Arthur. The JLL team included Bob Prendergast, Lynn LaChapelle, Ryan Spradling, Zach Saloff, Aldon Cole and Brad Vansant.
Located on 10 acres at 13651 Danielson St., Parkway Commerce Center is comprised of two distribution buildings and two industrial/flex buildings which are leased to a diverse roster of tenants. The property features 19’ to 25’ clear heights, 21 dock-high doors and 36 drive-in doors. JLL’s Joe Anderson, Greg Moore and Jay Alexander will retain the leasing.
The post SENTRE Acquires Parkway Commerce Center in Poway appeared first on Connect CRE.
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