Thor Equities Secures $71.7 Million Refinance Loan For Gordon Logistics Center In Adairsville, GA
FINANCED
$71,700,000
+ 1
South Carolina
See Similar DealsIndustrial1,039,018 SF
Financed 10/29/2025
FINANCED
Thor Equities Secures $71.7 Million Refinance Loan For Gordon Logistics Center In Adairsville, GA
3864 South Carolina Highway 41
See Similar DealsIndustrial1,039,018 SF
Financed 10/29/2025
+ 1
Summary
SOUTH CAROLINA
Asset Type:Industrial
Price Per Square Foot:$69
Total Square Footage:1,039,018 SF
Transaction Type:Loan
The property asset involved in this transaction is the Gordon Logistics Center located at 3864 US-41 in Adairsville, GA. This industrial asset spans a total of 1,039,018 square feet and is associated with a loan amount of $71,704,000, which is designated for refinancing.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $71,704,000
- Lender: Benefit Street Partners
- Landlord: Thor Equities
- Brokers: Peter Rotchford, Robert Norwood, David Sitt & Christopher Pratt - JLL
- Loan Type: Refinance
This transaction involved several key individuals, including Peter Rotchford, Robert Norwood, David Sitt, and Christopher Pratt, who represented the interests of the landlord, Thor Equities, through their affiliation with JLL.
Players
LANDLORD
Details
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Deal Type
30 years
10 years
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
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