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**Affinius Capital Closes $132.4M Loan to Refinance Lower Bucks Logistics Hub**
Affinius Capital LLC has successfully closed a $132.4 million loan to refinance the Lower Bucks Logistics Hub, a newly developed, two-building Class-A industrial warehouse portfolio located in Lower Bucks County, Pennsylvania. The portfolio spans a total of 815,000 rentable square feet.
The loan was made to a joint venture between an affiliate of Foxfield LLC—a Boston-based real estate investment and development firm—and a New York-based real estate private equity firm. JLL professionals Chad Orcutt and Michael Pagniucci facilitated the financing arrangement.
The Lower Bucks Logistics Hub comprises two state-of-the-art industrial buildings. The north building features 361,000 square feet with rear-loading capabilities, while the south building offers 453,000 square feet and is equipped for cross-dock loading. Both buildings are designed with 40-foot clear heights to meet the demands of modern logistics and distribution operations.
Perry Katz, Senior Vice President at Affinius Capital, stated, “Lower Bucks Logistics Hub is a premier industrial warehouse portfolio designed to accommodate the evolving needs of modern logistics and distribution tenants. We are pleased to have successfully completed this transaction in a challenging marketplace.”
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