AEW Provides $68M Construction Loan for Overton Moore, Invesco’s Industrial Park, NextWave Tempe

1/29/2025

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REBusinessOnline

• Subcategory: Capital Markets: Debt, Industrial: Distribution

• Tag: Closing | New Construction

• Additional Filters-Subcategory: Capital Markets: Debt-Construction Loan

• Company: AEW Capital Management, Invesco Ltd. (NYSE: IVZ)

AEW Capital Management has provided a $68 million construction mortgage for the development of NextWave Tempe, a Class A industrial project in Tempe. A partnership between Overton Moore Properties and Invesco Real Estate broke ground on the project, which is located at 1500 N. McClintock Drive, in mid-January.