SALT LAKE CITY-American Realty Capital Trust has acquired a 574,106-square-foot distribution facility leased to health and personal care products company Reckitt Benckiser with a $15 million loan arranged by Broad Street Advisors of New York City. The property is at 3226 Sheep Lane North in the Salt Lake City suburb of Tooele and was built in 2009.

Reckitt Benckiser, a UK-based company, is leasing the building for 12 years, according to Keith Broemmer and Rob Rizzi, managing partners at Broad Street, who arranged the financing, which is a seven-year loan amortizing over 30 years. Broemmer and Rizzi say the interest rate is “very competitive” and note that the loan was arranged quickly. The lender is a regional bank based in the Southwest.

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