Bixby Capital Management Secures $61.8M Loan From PCCP LLC For Industrial Properties Acquisition

The transaction involves the acquisition of two industrial properties located at 212 Alligood Way in Lebanon, TN, and 900 Arthur's Ln in Lewisville, TX. The total square footage of the assets is 463,500. The loan amount secured for this transaction is $61,800,000, provided for the acquisition and lease-up of these properties.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $61,800,000
• Lender: PCCP LLC
• Landlord: Aaron Hill - Bixby Capital Management
• Market: Lebanon, TN & Lewisville, TX

PCCP LLC provided senior mortgage financing to Bixby Capital Management, facilitating the acquisition process of the industrial properties. Aaron Hill represents Bixby Capital Management in this deal.