Affinius Capital originates $82.3 million construction loan for Eastport Logistics Park in Jacksonville, FL

Affinius Capital LLC (“Affinius Capital”) announced today that it has originated an $82.3 million loan to finance the ground-up development of Eastport Logistics Park, a to-be-built, four building, industrial development in Jacksonville, FL totaling 890,000 square feet. The loan was provided to a joint venture between InLight Real Estate Partners (“InLight”) and an Ares Management Real Estate fund (“Ares”) and will be used for the construction and lease up of the project.

Affinius Capital Managing Director and Head of Debt Origination Eric Cohen commented, “This transaction will facilitate the development of modern Class-A logistics product in a growing port-adjacent market with significant tenant demand. We are thrilled to close our first transaction with InLight and continue to expand our growing relationship with Ares.”

Eastport Logistics Park will feature four buildings with 32’-36’ clear heights, 135’-185’ truck court depths, 222 dock doors, 418 trailer parking stalls, and 691 car parking spaces. Located just off I-295, five miles from the I-95 interchange and four miles from the Port of Jacksonville, the development will offer seamless connectivity to the broader Jacksonville market and major East Coast port markets, with access to 98 million consumers within a one-day drive. Its strategic location serves the area's growing e-commerce, logistics, and distribution needs, while offering access to robust labor pools.