Xebec Secures $39.95 Million Construction Loan For Black Creek Commerce Center In Pooler, GA

The property asset involved is a 687,890-square-foot Class A industrial park located at 1020 S. H. Morgan Parkway, Pooler, GA. The transaction includes a loan amount of $39,950,000 designated for construction financing. The property is part of Xebec’s Black Creek Commerce Center and is anticipated to be delivered in Q3 2027.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $39,950,000
• Asset Address: 1020 S. H. Morgan Parkway
• Market: Pooler, GA
• Lender: Charles M. Shaffer - Seacoast Bank
• Landlord: Xebec
• Brokers: Robert Norwood, Mark Sixour, Britton Burdette, Jim Freeman, Kelsey Bawcombe & Austin Smith - JLL

JLL Capital Markets arranged a total of $30.49 million in joint venture equity alongside the construction financing for the development. The three-building project is being financed by Seacoast Bank with equity sourced from a private investment group, positioning it for significant growth upon completion.