WRIGHTWOOD CAPITAL PROVIDES $10.8 MILLION LOAN FOR INDUSTRIAL PROPERTY

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MESA, ARIZ. — Wrightwood Capital has provided a $10.8 million loan to Pacific Western Partners for the construction of an industrial property. Pacific Western is developing Pecos Gateway on the 10.5-acre site, which is located between Ellsworth and Sossaman roads in Mesa. The development plans to construct three industrial building with more than 125,000 square feet of divisible, for-lease space. Each building will feature 18- to 20-foot clear heights, grade-level loading and truck wells, and office space. The financing opportunity was sourced through Rich Harris of Newport Venture Capital.

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