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Developer Secures $62 Million Loan To Develop Last-Mile Facility Preleased by TJX Companies

Construction on New TJX Distribution Facility in Northeast Philadelphia To Begin This Month
The 282,737-square-foot facility at 9801 Blue Grass Road will serve as TJX's second distribution center in the city. (PCCP LLC)
The 282,737-square-foot facility at 9801 Blue Grass Road will serve as TJX's second distribution center in the city. (PCCP LLC)
By Charlie Dettbarn
CoStar Research
June 2, 2021 | 9:37 P.M.

New York developer DH Property Holdings has secured a $62 million senior construction loan from PCCP LLC to develop a last-mile distribution facility 100% preleased to TJX Companies Inc. in northeast Philadelphia.

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