Recent Industrial Case Studies
SBA 504 Feasibility Study Case Study: A 36,533 Square Foot Multi-Tenant Warehouse on North Clinton Street in Fort Wayne, Indiana, Feasible as Restructured
- Type
- Model study
- Program
- SBA 504 through an eligible passive company
- Location
- Fort Wayne, IN 46805, Allen County
- Determination
- Not feasible as proposed; feasible as restructured
A regional building-products distributor proposes to buy the 36,533 square foot, five-unit, 100 percent leased warehouse at 3427 N Clinton St, Fort Wayne, Allen County, Indiana, through an eligible passive company financed with an SBA 504 loan, and to move its own operation into 18,700 square feet of it as the existing leases expire.
USDA B&I Feasibility Study Case Study: A 1,302-Pallet Cold Storage and Blast-Freezing Plant at the Cordele Inland Port, Georgia, Feasible as Restructured
- Type
- Model study
- Program
- USDA Business and Industry guaranteed loan to a new business
- Location
- Cordele, GA 31015, Crisp County
- Determination
- Not feasible as proposed; feasible as restructured
A newly formed cold chain operator proposes to buy the USDA-inspected cold storage and food processing plant at 201 N Harris St, Cordele, Crisp County, Georgia, with a USDA Business and Industry guaranteed loan.
SBA 504 Feasibility Study Case Study: A New Metal Fabrication Plant on a 14-Acre Site on Fort Prince Boulevard, Spartanburg County, South Carolina, Feasible as Restructured
- Type
- Model study
- Program
- SBA 504 for a small manufacturer, NAICS 332
- Location
- Spartanburg County, SC 29385
- Determination
- Not feasible as proposed; feasible as restructured
A metal fabrication supplier to the Upstate automotive and industrial base proposes to build its own plant on the 14-acre industrial site listed by Colliers at 1492 Fort Prince Blvd in Spartanburg County, South Carolina, at $840,000, or $60,000 an acre, two miles from Interstate 85 and seven from Inland Port Greer, financed under SBA 504 with the provisions written for small manufacturers: a debenture at the manufacturer's rate, the $150,000 job standard and the fiscal 2027 fee waiver.
SBA 504 Feasibility Study Case Study: A 16-Unit Flex Park on Sovereign Row in Oklahoma City, Bought by the Contractor That Will Occupy Half of It, Feasible as Restructured
- Type
- Model study
- Program
- SBA 504 through an eligible passive company
- Location
- Oklahoma City, OK 73108, Oklahoma County
- Determination
- Not feasible as proposed; feasible as restructured
An HVAC and plumbing contractor with 22 employees proposes to buy Fretz Business Park, a 38,717 square foot, 16-unit office and flex property at 1231 Sovereign Row, just south of Interstate 40 off South Meridian Avenue in Oklahoma City, listed by Price Edwards and Company at $2,900,000, or $74.90 per square foot, at a 7.8 percent in-place capitalization rate on 94 percent occupancy, through an eligible passive company financed with an SBA 504 loan.
SBA 504 Feasibility Study Case Study: A 4.82-Acre Truck Terminal and Yard on Guy Paine Road in Macon, Georgia, Bought by the Carrier That Will Run It, Feasible with Conditions
- Type
- Model study
- Program
- SBA 504 through an eligible passive company
- Location
- Macon, GA 31206, Bibb County
- Determination
- Feasible with conditions
A regional truckload carrier with 35 tractors proposes to buy the fenced and lit 4.82-acre truck terminal at 475 Guy Paine Rd, Macon, Bibb County, Georgia, listed by Burr and Temkin at $995,000, with a 1958 cross-dock building of 11,500 square feet and 45 doors, a 1,000 square foot shop with a maintenance bay, and concrete dolly pads, 1.9 miles from Interstate 75 and 4.9 from Interstate 16, through an eligible passive company financed with an SBA 504 loan.
