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Washington DC & Mid-Atlantic  + Philadelphia  + Industrial  | 

Affinius Capital Originates $132M Loan to Refinance PA Logistics Hub

    Affinius Capital LLC has closed a $132.4 million loan to refinance Lower Bucks Logistics Hub, a newly constructed, two-building, Class-A industrial warehouse portfolio totaling 815,000 rentable square feet in Lower Bucks County, PA.

    Affinius made the loan to a Joint Venture between an affiliate of Foxfield LLC, a Boston-based real estate investment and development firm, and a New York real estate private equity firm. The financing was arranged by Chad Orcutt and Michael Pagniucci of JLL.

    Lower Bucks Logistics Hub is comprised of two Class A industrial buildings. The north building encompasses 361,000 square feet with rear loading, while the south building totals 453,000 square feet with cross-dock loading. Each building features 40-foot clear heights.

    Affinius Capital Senior Vice President Perry Katz commented, “Lower Bucks Logistics Hub is a premier industrial warehouse portfolio designed to accommodate the evolving needs of modern logistics and distribution tenants. We are pleased to have successfully completed this transaction in a challenging marketplace.”

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    About Jasmine Kilman

    Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.