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Seattle & Northwest  + Pacific Northwest  + Industrial  | 

PCCP Provides Financing for Boise Logistics Center Acquisition

PCCP, LLC provided a $19.4-million senior loan to Sacramento-based LDK Ventures for the acquisition, renovation and lease-up of Boise Logistics Center, a vacant 350,000-square-foot industrial building in Boise. The facility at 1001 E. Gowen Rd. sits within Boise’s Airport submarket and was built in two phases.

The majority of the warehouse and truck terminal were built in 1992 and an expansion of the warehouse was completed in 2000. The property consists of a front and side-loaded 310,000-square-foot warehouse component and a connected 56-door, truck terminal facility, as well as an adjacent 16.2-acre land parcel for future industrial development. LDK plans to immediately embark on a renovation plan.

PCCP’s Dorian Farhang says, “This marks PCCP’s fourth transaction with LDK Ventures, an experienced industrial developer and operator. This loan provides acquisition financing as well as funds to invest in the necessary renovations on the building in order to attract new tenants.”

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Financing
  • ◦Lease
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