Hillwood Secures $94 Million Refinance Loan From Affinius Capital For Midlothian Industrial Facilities

The property asset involved in this transaction is an industrial facility located at 1011 John Clark Road, Midlothian, TX, encompassing a total square footage of 1,200,000. The property is part of Crossroads Logistics Park, which includes three warehouse facilities completed in 2023. Hillwood, the landlord, has secured a refinancing loan for this property.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $94,000,000
• Address: 1011 John Clark Road
• Market: Midlothian, TX
• Lender: Costa Kontoulis - Affinius Capital
• Landlord: Ross Perot Jr. - Hillwood
• Brokers: Trey Morsbach, John Rose, Jarrod McCabe, Ryan Pollack, Chad Lisbeth & Scott Harbert - JLL
• Loan Type: Refinance

This transaction was facilitated by a team of brokers from JLL, which includes Trey Morsbach, John Rose, Jarrod McCabe, Ryan Pollack, Chad Lisbeth, and Scott Harbert. The refinancing provided by Affinius Capital is intended to support the continued lease-up and stabilization of the properties within the logistics park, strategically situated approximately 28 miles southwest of downtown Dallas.