HATFIELD, PA – December 20, 2007 – Clemens Business Center, LLC closed on an $8,000,000 mortgage loan with Genworth Life Insurance Company for its two new 80,000 square foot warehouses in Hatfield, Pennsylvania. Clemens Business Center, LLC is a real estate subsidiary of The Clemens Family Corporation which owns Hatfield Quality Meats, Inc., a leading manufacturer and supplier of fresh and processed quality pork products such as hams, bacon, sausage, hot dogs and deli meats.
Fairmount Partners acted as financial advisor to The Clemens Family Corporation in the arrangement of this financing.
Principals of Fairmount Partners acted as advisors to The Clemens Family Corporation in this transaction.
Contact: Charles N. Eckert, Director