InLight, Ares Management JV Lands $82M from Affinius for Eastport Logistics Park in Jacksonville’s Northside

Affinius Capital LLC has originated an $82.3 million loan to finance the development of Eastport Logistics Park, a master-planned four-building, 890,000-square-foot Class A industrial development in Jacksonville, Fla.

The borrower was a joint venture of InLight Real Estate Partners and an Ares Management Real Estate fund. The loan will be used for lease-up of the project in addition to construction.

As currently planned, the first phase of Eastport Logistics Park will feature four buildings with clear heights of 32 to 36 feet, 135- to 185-foot truck court depths, 222 dock doors, 418 trailer parking stalls and 691 car parking spaces.

InLight Real Estate Partners
Barton Hunter | SVP, Head of Development & Construction
Affinius Capital
Craig Solomon | Vice Chairman & CIO
Ares Management Corp (NYSE: ARES)
Jay Glaubach | Partner, Co-Head of U.S. Investments

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