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JLL Arranges $70M in Bridge Financing for Delaware Industrial Building

CLAYMONT, DEL. — JLL has arranged $70 million in bridge financing for Tri-State Distribution Center, a 525,000-square-foot industrial building located about 25 miles outside of Philadelphia in Claymon

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Summary

CLAYMONT, DEL.

— JLL has arranged $70 million in bridge financing for Tri-State Distribution Center, a 525,000-square-foot industrial building located about 25 miles outside of Philadelphia in Claymont, Delaware.

The property features a clear height of 40-feet, an ESFR sprinkler system, 130-foot truck court depths, four drive-in ramps with overhead doors and “ample” trailer and car parking allotments. Construction began in August 2023. Michael Pagniucci, Chad Orcutt, Chris Drew, Ethan Rodgers an

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