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Greek Real Estate Partners secures $46M bridge loan for Philadelphia industrial hub

Greek Real Estate Partners secures $46M bridge loan for Philadelphia industrial hub
๐Ÿ’ฐ ๐…๐ข๐ง๐š๐ง๐œ๐ข๐ง๐  ๐ฌ๐ž๐œ๐ฎ๐ซ๐ž๐ ๐Ÿ๐จ๐ซ ๐Ÿ๐Ÿ๐Ÿ๐Ÿ ๐–๐ก๐ž๐š๐ญ๐ฌ๐ก๐ž๐š๐Ÿ.
Greek Real Estate Partners has closed a $๐Ÿ’๐Ÿ” ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง bridge loan for the 287,218 SF Class A industrial facility in Philadelphia, positioning the asset for lease-up in one of the regionโ€™s most supply-constrained urban infill markets.
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Arranged by JLL Capital Markets, the financing supports the propertyโ€™s long-term leasing strategy as demand for modern infill logistics space remains strong. Located at the base of the Betsy Ross Bridge with immediate access to I-95, the property offers direct connectivity to Center City, the Port of Philadelphia, and the broader Northeast logistics corridor.
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๐Ÿ’ฐ Acquisitions Team โ€” Alex Motiuk ยท David Greek ยท Patrick Ramirez ยท Matthew Garibaldi
๐Ÿค JLL Capital Markets
๐Ÿ—๏ธ Greek Design|Build Team โ€” Matthew Zangara ยท Ian Kalicharan ยท Thomas Melanson ยท Robert Brett Mercer ยท Matthew Schlindwein ยท Steve Chick ยท John Harby ยท Nick Kolupanowich ยท Mike Ferrante
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Read more: BINJE, PBJ, RENJ, BISNOWย 
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