Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $17.6 million permanent loan to refinance the a multi-tenant flex-industrial complex. The five-building property offers a total of 136,000 square feet divisible into 17 suites and features a mix of warehouse, trade service, small business tenant uses.

Gantry’s Patrick Barkley, Principal, Chad Metzger, Senior Associate, and Andrew Christopherson, Associate, with the firm’s Phoenix production office represented the borrower, a private real estate investor. The five-year, fixed rate loan was secured via Gantry’s correspondent network and features full-term interest only. Gantry will service the loan.

According to Gantry’s Patrick Barkley, “Gantry’s correspondent life company network is a ready source for permanent debt tailored for a legacy hold in a rate climate that has improved significantly over the course of the past year. Our correspondents are already working on their 2026 pipeline as we close out the year, with forward rate lock an appealing option for loans closing in the first quarter and beyond.”