Northwest Bank Lends $28M on East Hartford Industrial Buy

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Northwest Bank has provided $28.1 million in acquisition financing to Seyon Group for the purchase of an 11-building industrial campus in East Hartford, Connecticut. The $37 million deal involves 428,000 square feet of warehouse space known as Prestige Park previously held by other investors.

Seyon Group has sealed $28.1 million of acquisition financing to purchase an 11-building industrial campus in East Hartford, Conn., Commercial Observer has learned. Northwest Bank supplied the loan for Seyon Group’s $37 million acquisition of the 428,000-square-foot Prestige Park property. The 11 warehouses that comprise the industrial campus were previously owned by investors tied to […]