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BORDENTOWN, N.J. — Ready Capital Structured Finance has closed an $11 million loan for the acquisition of an industrial warehouse property located at 201 Elizabeth St. in Bordentown. The undisclosed borrower purchased the 275,631-square-foot property, which houses Bai soft drink distribution operations, for an undisclosed price. The property features 24-foot clear ceiling heights, 24-foot column spacing and easy access to the New Jersey Turnpike. The non-recourse, interest-only loan features a 36-month term with two extension options and flexible prepayment.