Light Industrial

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25 08, 2022

ASC secures $3.2MM Refinance for 255k SF Light Industrial in Melrose Park

Chicago, IL – August 25, 2022 – American Street Capital (“ASC”) announced today that it has secured a $3,202,000 refinance loan for a light industrial building located in Melrose Park, IL. Built in 1951, the two story, 255,565 SF building is situated on 7.56 acres and was originally acquired vacant. The space was divided into [...]

5 04, 2022

ASC Arranges $9.45 million Refinance for 194k SF Industrial Portfolio in Chicago

Chicago, IL – April 4, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $9,450,000 cash-out refinance for a light industrial portfolio located in Chicago, IL. The first of the two deals include a $6,090,000 cash-out refinance loan for a 102,850 square foot two-story light industrial building located on Chicago’s west [...]

8 10, 2020

ASC Closes $1.45 million Loan for Light Industrial Property in Chicago

Chicago, IL – October 8, 2020 – American Street Capital (“ASC”) announced today that it has arranged a $1.45 million permanent loan for the refinance of an industrial property located in the Belmont Gardens neighborhood of Chicago, IL. The sponsor, an established operator throughout the Chicago market, specializes in multi-tenant industrial properties that target local [...]

12 09, 2018

ASC secures $2.7 million for 255k SF Industrial in Melrose Park, IL

Chicago, IL – September 12, 2018 – American Street Capital (“ASC”) announced today that it has secured a $2,700,000 bridge loan for a light industrial building located in Melrose Park, IL. Built in 1951, the two story, 255,565 SF  industrial building is situated on 7.56 acres and was acquired vacant with the intent to divide [...]