InLight and Ares Secure $82.3M for Jax Logistics Park

InLight and Ares Secure $82.3M for Jax Logistics Park
InLight and Ares Secure $82.3M for Jax Logistics Park

### Affinius Capital Provides $82.3M Loan for Jacksonville Logistics Park

Affinius Capital has originated an $82.3 million loan to finance the development of Eastport Logistics Park, a four-building industrial project in Jacksonville, Florida, totaling 890,000 square feet. The loan was issued to a joint venture between InLight Real Estate Partners and an Ares Management Real Estate fund and will support the construction and lease-up of the project.

Eastport Logistics Park will feature modern industrial specifications, including clear heights of 32 to 36 feet, truck court depths ranging from 135 to 185 feet, 222 dock doors, 418 trailer parking stalls, and 691 car parking spaces. The site is strategically located just off I-295, approximately five miles from the I-95 interchange and four miles from the Port of Jacksonville. This prime positioning enables seamless access to the Jacksonville market and major East Coast port markets, reaching approximately 98 million consumers within a one-day drive.

Designed to meet the region’s expanding e-commerce, logistics, and distribution demands, the development will also provide access to a robust labor pool, enhancing its appeal to prospective tenants.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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