Press Release | Oakland Road

Hudson Industrial Equities

1785 Oakland Road, San Jose CA

February 18, 2016

The Company is pleased to report that it has received a construction loan commitment from Comerica Bank for the Oakland Road Self Storage project. The general terms and conditions of the credit facility offered are consistent with earlier projections with an even lower rate of interest than was initially estimated. Pending receipt of the PD and Building Permits, the Company plans to start construction in April of 2016.