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.