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Joint venture equity and construction financing secured for an industrial warehouse facility in Pennsylvania
Transactions - JUNE 4, 2024

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Joint venture equity and construction financing secured for an industrial warehouse facility in Pennsylvania

by RELEASED

JLL Capital Markets announced that it arranged joint venture equity and construction financing for a 330,000-square-foot warehouse/distribution facility in West Rockhill, Bucks County, Penn.

JLL worked on behalf of the sponsor, J.G. Petrucci Co., to arrange the joint venture with Cabot Properties and secured the loan from Provident Bank.

3000 Quarry Rd. will consist of a class A industrial warehouse distribution facility featuring 36-foot clear heights, 85 loading positions and drive-in doors. The building will be situated on a 29.6-acre site with 76 trailer spaces and 280 passenger vehicle parking spaces.

3000 Quarry Rd. is in West Rockhill Township, situated in the northwestern section of Bucks County. The site is 27 miles north of Center City Philadelphia and 13 miles south of Allentown. West Rockhill is easily accessible from the Pennsylvania Turnpike/Interstate 476 and State Route 309. West Rockhill shares many of the locational advantages of the Lehigh V

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