The Orgill Distribution Center is a 674,471 square foot single-tenant distribution warehouse on 50+/- acres of land, which was originally constructed by the tenant in 1996 and expanded in 2003 to its current square footage. The tenant, Orgill, Inc., is a privately-owned hardlines distributor headquartered in Memphis , TN. Orgill currently operates four other distribution centers and three export consolidation facilities throughout the US . From these eight locations, Orgill distributes hardware and home improvement products to hardware, home improvement and building materials retailers across the United States and in more than 60 countries throughout the world.

The property is located in Tifton , Georgia , the county seat of Tift County . Tifton is served by Interstate 75 (north/south) and U.S. Highway 82 (east/west), which intersect in the middle of the city. Interstate 75 extends from the Michigan/Canada border to South Florida passing through Macon and Atlanta . Highway 82 extends from the port of Brunswick on the Georgia coast to Eufaula , Alabama and provides access to Albany to the west and Waycross to the east. The County benefits greatly from its position at the convergence of these highways. They provide Tift County a strategic location, which allows businesses an access point to the majority of the southeast United States within hours and is especially useful for the warehouse and distribution centers in the area that need to ship products across the country.

Suburban provided a first mortgage loan for the borrower to acquire the property. The loan was a fixed-rate mortgage having a 10-year maturity with a 30-year amortization, and was priced at a fixed interest rate spread over the 10-Year U.S. Treasury Bond Index.

At the time of the financing, the fee title to the property was owned by the Tift County Development Authority and leased back to the owner under a PILOT (payment in lieu of taxes) lease which only extends two years beyond the loan term. In addition to structuring around this ground lease, Suburban was able to structure the loan so that there was no requirement for any reserves (RE taxes, insurnce, replacement reserves or TI/LCs) at closing.