Pasco County industrial site developer gets $26M construction loan

  • By Louis Llovio
  • | 4:30 p.m. April 7, 2025
  • | 0 Free Articles Remaining!
McCraney Property Company has taken out a $25.83 million loan for the construction of Park 52 Logistics North in Pasco County.
McCraney Property Company has taken out a $25.83 million loan for the construction of Park 52 Logistics North in Pasco County.
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  • Tampa Bay-Lakeland
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McCraney Property Co., an Orlando developer, has taken out a $25.83 million construction loan for an industrial development in Pasco County being built on spec.

The financing, according to a statement, will be used for the construction of Phase 1 of Park 52 Logistics North.

JLL Capital Markets helped secure the three-year floating rate loan.

 

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