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
Adairsville Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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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