WELLS FARGO PROVIDES $51.41 MILLION INDUSTRIAL LOAN FOR PORTFOLIO

by admin

BOSTON, MASS. — Wells Fargo has provided $51.41 million in permanent, non-recourse financing for a 17-property, 1.8 million-square-foot industrial portfolio recently acquired by Cabot Properties. Doug Novitch and Kimberly Dail of Wells Fargo's Boston office originated the loan. March Bechard and Justin Harvey provided in-house representation on behalf of Cabot. Terms of the loan were not disclosed.

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