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    The long-term, fixed-rate mortgage came with pre-payment flexibility and an interest-only period. The borrower, KEI Properties, purchased the asset for $14.5 million in 2016.

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    The building is situated on approximately 28 acres and boasts a number of sought-after industrial features. CBRE represented the owner in the transaction and LG Electronics was represented by JLL.

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    Velocis' recently acquired medical complex is currently 75 percent occupied to health care providers including Baptist Health System, MEDNAX, BB&T and the Center for Healthcare Services.

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