Elion Partners and Kadima Industrial Partners secure a $118.5 million loan from Rialto Capital to refinance a 759,460-square-foot industrial facility in Philadelphia.
A joint venture between Elion Partners and Kadima Industrial Partners has successfully closed on $118.5 million in floating-rate, interest-only debt to refinance a newly completed logistics asset in Philadelphia. The 759,460-square-foot warehouse and distribution center, located at 5000 Richmond Street, finalized construction in Q4 2025 and is already reporting strong leasing velocity.
Strategically positioned less than a mile from Interstate 95, the facility provides efficient access to key regional hubs, including the Tioga Marine Terminal and Packer Avenue Marine Terminal. The site features 759 standard parking spots and 206 trailer spaces to support its industrial operations. Walker & Dunlop facilitated the financing on behalf of the sponsorship.
Daily emails covering the projects and news that match your service area, building types, and the project stages you bid on.
Free now — first 50 founding members lock in 30% off at launch.
Free. One click to unsubscribe. No tracking pixels.