Affinius Capital has originated an $82.3 million loan to finance the ground-up development of Eastport Logistics Park, a to-be-built four-building industrial development in Jacksonville, Fla., totaling 890,000 square feet.
The loan was provided to a joint venture between InLight Real Estate Partners and an Ares Management Real Estate fund and will be used for the construction and lease-up of the project.
Eastport Logistics Park will feature four buildings with 32- to 36-foot clear heights, 135- to 185-foot truck court depths, 222 dock doors, 418 trailer parking stalls and 691 car parking spaces. Located just off Interstate 295, five miles from the I-95 interchange and four miles from the Port of Jacksonville, the development will offer seamless connectivity to the broader Jacksonville market and major East Coast port markets, with access to 98 million consumers within a one-day drive. Its strategic location serves the area's growing ecommerce, logistics and distributio
