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| Jon Mikula |
JLL represented the sponsor, J.G. Petrucci Company, Inc., in arranging the joint venture with Cabot Properties, Inc. On behalf of the new venture, JLL secured a construction loan with Principal Asset Management.
The JLL Capital Markets team was led by Senior
Managing Directors Jon Mikula and John Plower, Director Ryan
Cottone and Vice President Michael Lachs.
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| John Plower |
The building will be situated on a 19.5-acre site with 56 trailer spaces and 195 passenger vehicle parking spaces.
The proposed building is ideally sized and designed to provide highly efficient warehouse space.
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| Ryan Cottone |
Conveniently located between Philadelphia and
New York City, Bucks County is accessible to nearly every kind of
transportation network available.
One third of the nation's population resides
within a one-day drive of Bucks County, making it a prime location for the
transport of goods and services not only throughout the Eastern Seaboard, but
also throughout the world.
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| Rendering of a to-be-built industrial project on Somerton Rd. in Feasterville-Trevose, Bensalem Township, Bucks County, PA |
The property also has proximity to cities such as New York City (75 miles), Baltimore (120 miles), Washington D.C. (158 miles) and Boston (288 miles).
CONTACTS:
Alli Stent
PR,
Hotels & Hospitality, Capital Markets
JLL
M +1 330 329 6750
