WEDNESDAY, MAY 20, 2009

Welsh Capital announces closing of Shoreview, Minn., office/warehouse loan

by Mike Moran
Minnesota

Welsh Capital's has announced the closing of a $4.35 million loan for a single tenant office/warehouse facility.

"Securing both a new first and second mortgage was required to meet the financing requirements of the borrower," Kip Dunkelberger, vice president of Welsh Capital, said. "Our solid lending relationships with both lenders made it possible to achieve this objective for our client."

The 70,826-square-foot facility, located at 707 W. Country Rd. in Shoreview.

Address: 707 W. Country Rd., Shoreville, Minn.

Size: 70,826 square feet

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