Industrial N Illinois

Bellwether Enterprise refinances Chicago warehouse building

Bellwether Enterprise Real Estate Capital closed a $9 million refinance loan of a 700,000-square-foot cross-dock facility constructed in the lat 1990s, according to a statement from the company.

Shelley Magoffin and Max Sauerman of Bellwether were responsible for the transaction.

The building features a 30-foot minimum clear height, ESFR sprinkler system, 120 foot truck courts and ample loading. Magoffin and Sauerman worked with the LA-based owner-user to refinance the existing loan almost three years to prior maturity.