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Greenberg Leads Invesco On $70M Loan For Ohio Property

PrR by PrR
2022-07-01
in Industrial
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Greenberg Leads Invesco On $70M Loan For Ohio Property
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By Faith Williams (June 30, 2022, 6:51 PM EDT) — Greenberg Traurig LLP represented Invesco unit Midwest Industrial Agler Road Owner on a $70 million loan from Prudential Insurance Co. of America for the purchase of an industrial property in Columbus, Ohio, where Frito-Lay is currently a tenant, according to records made public Thursday.

The Class A property at 3101 Agler Road has a total of 240,000 square feet, according to a listing on CommercialCafe. The loan is an open-ended mortgage with a maturity date of July 5, 2027. Midwest Industrial Agler Road Owner operates out of Invesco’s Dallas office, and Invesco is based in Atlanta.

Midwest Industrial was represented by Greenberg Traurig partner Bud…

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