Bow River Capital has secured $70.29 million in refinancing for Park84, a newly completed class A industrial property in Nampa, Idaho, located 20 miles from downtown Boise.
JLL worked on behalf of the borrower to secure floating-rate financing for the property.
Completed in July 2024, Park84 comprises seven state-of-the-art industrial buildings totaling 605,570 square feet on a 47.81-acre site. The property features 32-foot clear heights, clerestory and LED lighting, ESFR sprinklers, 480-volt power, outdoor storage and trailer parking. The buildings offer divisibility as small as 16,917 square feet, making the property attractive to a wide range of industrial users. The property is leased to a diverse range of global, national and regional tenants.
Located at the northeast corner of Birch Lane and Madison Road, Park84 provides access to Interstate 84, connecting tenants to markets such as Boise; Salt Lake City; Portland, Ore.; Seattle; Bozeman, Mont.; and Sacram
