Berkadia arranged the financing for the project via its new JV Equity and Structured Capital Group.
The firm commenced construction earlier this month on the initial two speculative buildings of 436,800 square feet and 168,480 square feet at the Whiteland Exchange development, which are slated for delivery in the first quarter of 2020.
CoStar Group senior consultant Andrew Rybczynski explains what that means in the record breaking deal, for industrial property trends.
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