Talonvest Secures $24M Loan On Business Park & Names New Director - Business Development

Talonvest Capital, Inc. and longstanding client CIP Real Estate have successfully closed another loan together. This recent $24,481,600 loan facilitated the acquisition of a nine building multi-tenant industrial property in Alpharetta, GA on behalf of CIP Real Estate and their partner Almanac Realty Investors. Mansell Commons, the 223,251 net rentable square foot property, is a great addition to CIP’s existing 1.5 million square foot portfolio in Atlanta and establishes a foothold in the outstanding Alpharetta sub-market where industrial park acquisitions are particularly difficult due to low turnover of assets there