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300 International Parkway

Ashley Capital Secures $90.4M Refinance Loan From Affinius Capital For Georgia North Logistics Center
FINANCEDIndustrial

Ashley Capital Secures $90.4M Refinance Loan From Affinius Capital For Georgia North Logistics Center

300 International Parkway & 400 International Parkway

$90,400,000

$30/SF

Building Size

3,000,000 SF

Asset Type

Industrial

Closing

Aug 28, 2025

AI

The transaction involved a refinance loan secured by Ashley Capital for two Class A industrial buildings, totaling nearly 1.5 million square feet, located at 300-400 International Parkway in Adairsville, GA. The refinance loan amounted to $90.4 million and is specifically intended for Buildings 3 and 4 at the Georgia North Logistics Center, which is part of a larger four-building logistics campus encompassing 3.3 million square feet along the I-75 corridor.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $90,400,000
  • Lender: Affinius Capital
  • Landlord: Ashley Capital
  • Broker: Steve Roth - CBRE

Steve Roth from CBRE acted as the broker for this refinancing deal, representing Ashley Capital in securing the financing from Affinius Capital for the two industrial facilities at the Georgia North Logistics Center.

Players

Steve Roth

CBRE

Broker

$2.8B

vol

20 deals

Broker
CBRE
CBREBrokerage
Affinius Capital
Affinius CapitalLender

Adairsville Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.18%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93