The loan has a 10-year term and a 30-year amortization, according to Stewart. The owner of the property, which is situated on a 12-acre site at 71st St. and West Side Ave., is a local group, which was not identified.
The property is fully occupied by Western Carriers Inc., a privately held national third-party logistics provider. Western Carriers offers warehouse, distribution and shipping services to various high-end international producers of wines and spirits.
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