Permanent Loan - Acquisition
- 445,751 sf Industrial Portfolio
- Dunmore, PA
Axiom Capital Corporation announces the closing of a $10,000,000 permanent loan for the acquisition of an industrial building portfolio totaling 445,751 SF located in Dunmore Borough, Lackawanna County, PA (adjoining Scranton, PA). The Property is situated at the Interstate 81 and Interstate 78 Distribution Corridor – one of the top distribution corridors for warehouse and distribution centers throughout the United States. The corridor is within a one-day drive of more than one-third of the United States population and more than one-half of Canada’s population. The corridor is recognized by national retailers, consumer product companies and third-party logistics suppliers as a critical chain in their supply chain network.