Holder Properties Secures $44M Loan For Dogwood Logistics Center Development In Conyers, GA

The asset involved in this transaction is a development site located at 2810 Dogwood Drive Southeast, Conyers, GA. The property spans approximately 388,960 square feet and is associated with a total loan amount of $44,000,000. The financing is secured by Holder Properties for a logistics center development project in the area.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $44,000,000
• Lender: Pinnacle Financial Partners
• Landlord: Holder Properties
• Broker: JLL Capital Markets
• Loan Amount: $44,000,000
• Additional Financing: $25.4M loan from Pinnacle Financial Partners and $18.7M equity from Hartford Investment Management
• Project Completion Date: Summer 2026

Key individuals involved in this transaction include representatives from JLL Capital Markets, who facilitated the deal, while Holder Properties is leading the development of the Dogwood Logistics Center. The financing structure of the project is supported by a combination of debt and equity from notable financial entities.