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Blue Ridge Industrial secures acquisition financing for industrial facility in Knoxville, Tenn.
Transactions - JUNE 10, 2024

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Blue Ridge Industrial secures acquisition financing for industrial facility in Knoxville, Tenn.

by Denise Moose

Blue Ridge Industrial announced that it secured acquisition financing for Parkside, a 362,299-square-foot industrial facility in Knoxville, Tenn.

JLL represented the borrower and secured the seven-year fixed-rate loan through RGA Reinsurance Company.

The property is currently 97 percent leased and is located at 440 Goodys Lane. It features 25-foot clear heights, 43 dock-high doors and rear-loading capabilities. Parkside sits within the thriving industrial market of Knoxville and is currently leased to WestRock and Kimberly Clark.

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