JLL Arranges $114M Construction Loan For Lower Bucks Logistics Hub In Langhorne, Pennsylvania

The Lower Bucks Logistics Hub, a 814,567-square-foot industrial project located at 1600 & 1620 East Old Lincoln Highway in Langhorne, Pennsylvania, is set to receive a $114 million construction loan from Mesa West Capital. The state-of-the-art facilities, strategically positioned near major highways in Bucks County, are part of a prime suburban market and offer convenient access for businesses.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $114,000,000
• Market: Langhorne, Pennsylvania
• Asset Type: Development Site
• Building Square Footage: 814,567

The loan arrangement was facilitated by JLL Capital Markets, with Mike Pagniucci from JLL acting as the broker for the deal. Other key individuals involved include Russell Frahm, Brian Hahn, and Boyd Howard from Mesa West Capital, who provided the non-recourse construction loan for the project. The landlord for the Lower Bucks Logistics Hub is Foxfield LLC. With its strategic location and superior design, this project is poised to meet the growing industrial demands of the Langhorne market.