“Henry County has become a much sought-after location for companies seeking proximity to the ports of Savannah, Charleston, Brunswick and Jacksonville as well as access to the metro Atlanta market and much of the rest of the Southeast and Florida that is within a day’s drive.”
ATLANTA (January 21, 2008) – Nancy Creek Capital, an Atlanta-based mezzanine and equity investment fund, has invested $1,460,658 of subordinated debt in the development of Liberty Distribution Center. Senior financing was provided by Regions Bank.
Liberty Distribution Center will be a 237,650 sq. ft. warehouse distribution facility located in Liberty Industrial Park in Henry County, Georgia. The project is being constructed on a speculative basis to meet the needs of 100,000 to 237,650 sq. ft. users in a dynamic distribution and light industrial market that is dominated by larger, 500,000+ sq. ft. facilities.
“Henry County has become a much sought-after location for companies seeking proximity to the ports of Savannah, Charleston, Brunswick and Jacksonville as well as access to the metro Atlanta market and much of the rest of the Southeast and Florida that is within a day’s drive,” said Nancy Creek Capital principal, Barry Branch.
The developer of the project is Fleetwood Partners, LLC, founded by industry veteran Klay W. Simpson. The project is being constructed by the Conlan Company and is being marketed by Colliers Spectrum Cauble. It will be available for occupancy in the Summer of 2008. For more information, visit www.fleetwoodpartners.com
About Nancy Creek Capital
Nancy Creek Capital’s mezzanine and equity investment fund is a strategic partner to commercial banks in meeting bank customers’ needs for growth, recapitalization and acquisition capital and for real estate project financing. Nancy Creek makes $1 million to $5 million investments of subordinated debt and equity in smaller middle market companies and real estate projects primarily in the Southeast region. The Fund is managed by The Branch-Shelton Company, LLC. For more information, visitwww.nancycreekcapital.com.
Liberty Distribution Center will be a 237,650 sq. ft. warehouse distribution facility located in Liberty Industrial Park in Henry County, Georgia. The project is being constructed on a speculative basis to meet the needs of 100,000 to 237,650 sq. ft. users in a dynamic distribution and light industrial market that is dominated by larger, 500,000+ sq. ft. facilities.
“Henry County has become a much sought-after location for companies seeking proximity to the ports of Savannah, Charleston, Brunswick and Jacksonville as well as access to the metro Atlanta market and much of the rest of the Southeast and Florida that is within a day’s drive,” said Nancy Creek Capital principal, Barry Branch.
The developer of the project is Fleetwood Partners, LLC, founded by industry veteran Klay W. Simpson. The project is being constructed by the Conlan Company and is being marketed by Colliers Spectrum Cauble. It will be available for occupancy in the Summer of 2008. For more information, visit www.fleetwoodpartners.com
About Nancy Creek Capital
Nancy Creek Capital’s mezzanine and equity investment fund is a strategic partner to commercial banks in meeting bank customers’ needs for growth, recapitalization and acquisition capital and for real estate project financing. Nancy Creek makes $1 million to $5 million investments of subordinated debt and equity in smaller middle market companies and real estate projects primarily in the Southeast region. The Fund is managed by The Branch-Shelton Company, LLC. For more information, visitwww.nancycreekcapital.com.
RSS Feed