Structure

Preferred Equity

Date

9/2024

Location

Spartanburg, SC

SCE Zimmerman Investors, LLC is a joint-venture partnership with a Spartanburg, GA-based industrial developer to build Phase I of an industrial park which consists of 459,680 SF across two buildings at the intersection of I-85 and I-26 in Spartanburg, SC. SCE provided Preferred Equity to the partnership and is being paid a current distribution during the construction period. Delivery is anticipated by year-end 2025.

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