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HFF secures $9.3 million construction loan on Medley industrial project

December 04, 2012 12:45PM

HFF has secured a $9.3 million construction loan for a 185,520-square-foot, Class A spec industrial project in Medley on behalf of Industrial Income Trust. The three-year loan was placed with a national bank. HFF’s Eric Tupler, Jim Dockerty and Josh Simon handled the deal on behalf of Industrial Income Trust, which manages a portfolio of 173 industrial buildings in the U.S. The property is located on an 8.8-acre site near the Florida Turnpike and Okeechobee Road. — Alexander Britell