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Home Finance Undisclosed Buyer Lands $23.4MM Credit Union Loan for 3,000 SQFT Travel Center in Mercedes
FinanceIndustry NewsRetail

Undisclosed Buyer Lands $23.4MM Credit Union Loan for 3,000 SQFT Travel Center in Mercedes

November 1, 20263 Mins read1
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An undisclosed buyer has closed on a fuel-and-food stop off East I-2 in Mercedes with $23.4 million in 10-year acquisition debt from a national credit union, a loan that pegs the Rio Grande Valley property at roughly $33.4 million despite a building of less than 3,000 square feet.

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A logistics facility or warehouse belonging to Prologis, a global leader in logistics real estate. Previous post Prologis Taps Texas Data Center Supply Chain as DFW and Houston Portfolios Top 96% Occupancy

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A logistics facility or warehouse belonging to Prologis, a global leader in logistics real estate.

Prologis Taps Texas Data Center Supply Chain as DFW and Houston Portfolios Top 96% Occupancy

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