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National  + Kentucky  + Industrial  |  December 10, 2019
David Cohen
By: David Cohen

Trez Forman Provides $39M Construction Loan for Northern Kentucky Industrial Property

Palm Beach, Florida-based commercial lender Trez Forman Capital has provided a $38.8 million loan for the contruction of two speculative industrial buildings totaling 776,820 square feet in Northern Kentucky.

The two warehouse and distribution centers are planned for the 55-acre Logistics Park 75, located at 415 Jones Rd. in Walton, Kentucky, which is approximately 20 miles south of Cincinnati. Proceeds of the loan will be used to help fund the cost to build both structures on one of five lots that comprises the 55-acre park. The larger building will be 544,320 square feet and feature two tenant bays of equal size. The second is slated for 232,500 square feet, also with two bays of the same size.

Trez Forman CEO Brett Forman and Russ Holland, managing director of the firm’s Atlanta office, originated the loan. The borrower is SFG Walton KY, LLC.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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