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Thor Equities Secures $71.7 Million Refinance Loan For Gordon Logistics Center In Adairsville GA

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FINANCED
$71,700,000
Christopher "Chris" Pratt
Peter (Pete) Rotchford
+ 3

Georgia

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Industrial1,039,018 SF
Financed
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Property Image
FINANCED

Thor Equities Secures $71.7 Million Refinance Loan For Gordon Logistics Center In Adairsville GA

3864 Us Route 41

See Similar Deals
Industrial1,039,018 SF
Financed
Christopher "Chris" Pratt
Peter (Pete) Rotchford
+ 3
Contact now

Summary

GEORGIA
Asset Type:Industrial
Price Per Square Foot:$69
Total Square Footage:1,039,018 SF
Transaction Type:Loan

The property involved in the transaction is Gordon Logistics Center, an industrial asset located at 3864 Us Route 41 in Adairsville, GA. This facility spans 1,039,018 square feet and is classified as a Class A manufacturing facility. The refinancing transaction was executed for a total of $71,700,000.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $71,700,000
  • Lender: Benefit Street Partners Realty
  • Landlord: Thor Equities
  • Loan Type: Refinance
  • Loan Features: Floating-rate, two-year loan with three one-year extension options
  • Brokers Involved: Peter (Pete) Rotchford, Robert (Bobby) Norwood, David Sitt, Christopher "Chris" Pratt, Hamp Gibbs & Streeter Simmons - JLL

JLL Capital Markets played a significant role in arranging the financing for Thor Equities, representing them in this refinancing transaction. The loan provided by Benefit Street Partners Realty is designed to support the operations of the manufacturing facility.

Players

Peter (Pete) Rotchford
63 deals$8.9B volume(212) 632-1822
BROKER

David Sitt
JLL
12 deals$2.7B volume
BROKER

Christopher "Chris" Pratt
JLL
22 deals$5.7B volume
BROKER

Robert (Bobby) Norwood
JLL
10 deals$658M volume(404) 460-1652
BROKER

Hamp Gibbs
JLL
1 deal$71.7M volume
BROKER

Streeter Simmons
JLL
2 deals$186.7M volume
BROKER

JLL
BROKERAGE


Details

FINANCED
IMAGE: 11/06/2025 ADDRESS: 3864 Us Route 41 MARKET: Adairsville, GA ASSET TYPE: Industrial ~ SF: 1,039,018 LENDER: Benefit Street Partners Realty LANDLORD: Thor Equities BROKERS: Peter (Pete) Rotchford, Robert (Bobby) Norwood, David Sitt, Christopher "Chris" Pratt, Hamp Gibbs & Streeter Simmons - JLL LOAN AMOUNT: $71,700,000 LOAN TYPE: Refinance NOTE: JLL Capital Markets arranged a $71.7 million refinancing for Gordon Logistics Center, a 1,039,018-square-foot Class A manufacturing facility in Adairsville, GA, on behalf of Thor Equities. Benefit Street Partners provided the floating-rate, two-year loan with three one-year extension options.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$71,700,000.00

Monthly NOI$478,000.00
Monthly Debt Service$453,192.77
Change in Cash Flow$0.00
Refinance Proceeds$0.00