$4,000,000 Refinance Secured for Industrial Property in Boynton Beach, FL
Mar 20, 2026 Life Company
Deal Summary
Standard Insurance Company recorded a $4,000,000 mortgage on a 21,000 square foot warehouse at 4010 Thor Drive in Boynton Beach. The loan was executed March 20, 2026 and recorded April 15, 2026 in Palm Beach County under document 134048 (APN 08-43-46-05-00-000-7060), with a 25 year term. County records list the owner as Thor Property Owner Llc.
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Transaction Details
- Closing Date
- Mar 20, 2026
- Loan Amount
- $4,000,000
- Loan Type
- Life Company
- Loan Purpose
- Refinance
- Capital Type
- Senior Debt
- Asset Type
- Industrial
- Source
- County record
Property
- Address
- 4010 Thor Dr
- City, State
- Boynton Beach, FL
- Market
- Palm Beach
Property Facts
- Building Size
- 21,624 sq ft
- Lot Size
- 69,457 sq ft (1.59 ac)
- Year Built
- 1973
- Year Renovated
- 1990
- Stories
- 1
- Buildings
- 1
- Zoning
- M1
- Subtype
- Warehouse
- Floor Area Ratio
- 0.31
Sale History
Last sold for $1,890,000 on Feb 3, 2020. Prior owner QUAIL ESTATES INC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 15, 2026 | STANDARD INS | $4,000,000 | Mortgage | CONVENTIONAL |
| May 9, 2023 | STANDARD INS | $3,475,000 | Mortgage | CONVENTIONAL |
| Feb 6, 2020 | STANDARD INS | $1,400,000 | Mortgage | CONVENTIONAL |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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Transaction details are compiled from public announcements, press releases, industry reporting, or information submitted by parties to the transaction, and have not been independently verified by LoanList CRE. Terms shown may be approximate. Nothing on this page constitutes a quote, offer, or guarantee of financing terms. Full disclaimer.