$132.4 Million financing arranged for Class A industrial development in Pennsylvania
United States, Sept. 9 -- JLL Capital Markets announced it has arranged $132.4 million financing for Lower Bucks Logistics Hub, a newly constructed Class A industrial development totaling 814,567 square feet in Langhorne, Pennsylvania.JLL represented the borrower, an affiliate of Foxfield, in securing the financing through Affinius Capital.Located at 1600 and 1620 East Old Lincoln Highway in Middletown Township, Bucks County, the property comprises two state-of-the-art warehouse facilities positioned on either side of Old Lincoln Highway (Route 213).The development features state-of-the-art specifications, including 40-foot clear height, an ESFR sprinkler system, LED lighting, 50-foot by 50-foot column spacing with 60-foot speed bays and a ...
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