A joint venture between Denholtz Properties and Long Wharf Capital announced that it secured $24 million in financing to recapitalize Silver Star Commerce Center, an eight-building, shallow-bay industrial park totaling 254,915 square feet in Orlando.
JLL worked on behalf of the borrower and secured the loan from Webster Bank.
Silver Star Commerce Center is currently 95 percent occupied by 29 tenants spanning various industries, including construction, manufacturing, transportation and warehousing and utilities. The portfolio features ceiling heights between 18 and 20 feet along with 69 loading docks, 20 drive-in doors and a total of 508 parking spaces.
The portfolio is located at 3600-3802 Silver Star Rd. and 3717-3763 Mercy Star Ct. Silver Star Commerce Center is in northwest Orange County.
