Queen City Development Group Buys Southern Maine Industrial Asset
Burlington, VT-based Queen City Development Group has acquired a 100,255-square-foot industrial building in Brunswick, ME. JLL arranged $6.9 million in acquisition financing on behalf of the borrower, securing the five-year, fixed-rate loan through Bangor Savings Bank. Built in…
Burlington, VT-based Queen City Development Group has acquired a 100,255-square-foot industrial building in Brunswick, ME. JLL arranged $6.9 million in acquisition financing on behalf of the borrower, securing the five-year, fixed-rate loan through Bangor Savings Bank. Built in…
BELLINGS Intelligence Score: 10
Why it matters
This is a routine commercial real estate acquisition with typical financing and no novel structure or broad market impact.
Sources
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Queen City Development Group Buys Southern Maine Industrial Asset
Burlington, VT-based Queen City Development Group has acquired a 100,255-square-foot industrial building in Brunswick, ME. JLL arranged $6.9 million in acquisition financing on behalf of the borrower, securing the five-year, fixed-rate loan through Bangor Savings Bank. Built in…