Delaware distribution center

Industrial | Middletown, DE

Investment highlights

  • The property features a 32-foot clear height building with 200-foot-deep truck court depth, 74 docks doors (with the capacity to expand to 192 doors) and 126 trailer parking spaces (with the capacity to expand to 250).
  • The property’s location provides access to the Port of Wilmington, Interstate I-95, Amazon fulfillment centers and Philadelphia.
  • The property is currently 100% leased to an Amazon subsidiary with full corporate guarantee from, Inc.

Investment details1

Total loan size
Acquisition financing
Square feet
Portfolio weight
Acquisition financing of Class A loading distribution center in Middletown, DE

  • As of September 30, 2023. Portfolio weight is based on the amortized cost of the funded portion of the loan.

  • Class A buildings represent the highest-quality buildings in their market and area. They are generally properties built within the last 15 years with top amenities, high‑income tenants and low vacancy rates. Class A buildings are well-located in their market and are typically professionally managed.

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