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McCall Warehouse Portfolio Lands Financing
Walker & Dunlop structured the financing for the McCall Warehouse Portfolio, a 143,060-square-foot, multi-tenant industrial/flex warehouse portfolio in Austin.
A team led by senior director Harvey Pava secured a loan with LaSalle Investment Management on behalf of the property owner, PlaceMKR. The five tenants occupying the space are all local or regional businesses and have extended their leases for the next five years.
“Despite considerable volatility in the markets, we were able to secure the best debt terms available thanks to our long-term relationship with LaSalle,” said Pava. “The property sits in a high-demand location, and with Austin’s strong job growth over the past year, industrial demand is expected to weather the current crisis.”
The warehouse is comprised of seven units on 14.7 acres in southeast Austin. It’s in close proximity to the recently announced 2,100-acre Tesla Cybertruck Gigafactory campus, which lies east of the Austin-Bergstrom International Airport.
For comments, questions or concerns, please contact Paul Bubny
- ◦Financing
