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Published on 8/30/2022 in the Prospect News Bank Loan Daily.

Logistics Property closes on $150 million construction loan

Chicago, Aug. 30 – Logistics Property Co., LLC closed on a $150 million construction loan for a multistory warehouse in Chicago, according to a press release.

The loan comes from Wells Fargo Bank, NA, Inland Bank and Trust and Associated Bank, NA.

Michael Svets and Jeff Goodman led the financing for Wells Fargo.

With Chicago headquarters, Logistics Property is an industrial real estate company focused on the acquisition, development, and management of modern logistics properties.


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