Axiom Capital Corporation has arranged a $14,500,000 permanent loan for the finance of a class A industrial building in Douglasville, GA. The non-recourse loan was for 25 years at a fixed rate with 2 years of interest only.
The property is strategically situated immediately to the north of Interstate 20, which runs the entire state of Georgia from the Alabama state line through the Atlanta MSA to the Savannah River. Interstate 20 also offers quick access to Interstate 285 or the Perimeter. The Perimeter is an interstate highway loop encircling Atlanta for 64 miles. It connects the three major interstate highways to the Atlanta MSA: Interstate 20, Interstate 75 and Interstate 85.