Foxfield Real Estate Secures $132.4M Refinance Loan For Lower Bucks Logistics Hub In Langhorne PA

The transaction involves an industrial asset located at 1600 & 1620 East Old Lincoln Highway in Langhorne, PA, encompassing a total square footage of 814,000. The refinancing was secured for an amount of $132,400,000.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $132,400,000
• Lender: Perry Katz - Affinius Capital
• Landlord: Jeffrey Theobald - Foxfield Real Estate
• Brokers: Chad Orcutt & Michael Pagniucci - JLL
• Loan Type: Refinance

Foxfield Real Estate, in partnership with a New York private equity firm, arranged for the refinancing through Affinius Capital. The financing was organized by JLL's Chad Orcutt and Michael Pagniucci for the two-building complex that was completed in 2024.