TIC – RI Pullman, L.L.C., RI Cascade, L.L.C., RI Elk Grove, L.L.C. (Rood TICs), has received a combined $52 million in acquisition financing for three, newly constructed FedEx Ground distribution centers in its need to satisfy a 1031 exchange.
Todd Harding of NBS Financial Services has arranged $7.5 mil in financing for the Morgan Distributing Inc Building, a 104.8k sf, owner-occupied industrial building in Northeast Portland. The fixed-rate, fully-amortizing, 17-year non-recourse loan was provided by State Farm.
NBS Financial Services, Portland, Ore. arranged financing for three Pacific Northwest transactions, including $10 million for the Safeway-anchored Hilltop Mall Shopping Center in Oregon City.