Birch Capital is pleased to announce that on February 1, 2019 it closed and funded $40,000,000 to Tradepoint Holdings, LLC. Tradepoint Holdings is the parent company of Tradepoint Atlantic, LLC, the owner and developer of a 3,100 acre global logistics center in Baltimore County, Maryland.
Birch Boston Fund I LP and Birch Tradepoint Fund I, LP are affiliated EB-5 funds sponsored by Birch Capital, LLC, a real estate investment firm with offices in Boca Raton, Florida and Wellesley, Massachusetts. The Birch funding will be used by the developer for infrastructure improvements and vertical construction of warehouse and distribution facilities.
Tradepoint Atlantic (TPA) is the largest industrial development site on the East Coast of the United States, with a deep-water port, direct interstate highway access and a privately-owned rail yard connecting to two Class I railroads. The first phase of the TPA development will involve over $500 million of improvements. Over 5 million square feet of facilities have been completed to date, including several build-to-suit distribution centers for credit tenants.
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