Fort Capital Acquires Industrial Portfolio In Houston For $60M Loan | 10606, 10612-10616 Hempstead Road, 2517-2523 Fairway Park Drive, 11000 Stancliff, 10925 Kinghurst, 10325 Landsbury Drive, 3727 Greenbriar Drive, 10610-10630 Rockley Road, 902-910 & 912-930 Gemini Street | Cullen Aderhold | Industrial | Loan

Summary

Loan

TEXAS

Industrial

673,679 sqft

An industrial property located at 10606, 10612-10616 Hempstead Road, 2517-2523 Fairway Park Dr., 11000 Stancliff, 10925 Kinghurst, 10325 Landsbury Dr., 3727 Greenbriar Dr., 10610-10630 Rockley Road, 902-910 & 912-930 Gemini Street in Houston has recently been involved in a closed transaction. The property spans a total area of 673,679 square feet.

Summary of transation details

Property Type: Industrial
Transaction Amount: $60,000,000
Loan Type: Acquisition Loan
Landlord: Fort Capital - Chris Powers, Jr & Jason Baxter
Broker: Cullen Aderhold - JLL

Cullen Aderhold from JLL represented the buyer in securing a $60,000,000 acquisition loan for the property. This loan will facilitate the acquisition of the industrial asset.

Players

All
1

Agents
1

Cullen Aderhold

Senior Director, Capital Markets

Details

Deal Summary

FINANCED

IMAGE: Cullen Aderhold DATE: 10/26/2022 ADDRESS: 10606, 10612-10616 Hempstead Road, 2517-2523 Fairway Park Dr., 11000 Stancliff, 10925 Kinghurst, 10325 Landsbury Dr., 3727 Greenbriar Dr., 10610-10630 Rockley Road, 902-910 & 912-930 Gemini Street MARKET: Houston ASSET TYPE: Industrial ~ SF: 673,679 LANDLORD: Fort Capital (@FortCapital) - Chris Powers, Jr & Jason Baxter BROKER: Cullen Aderhold - JLL (@JLL) LOAN AMOUNT: $60,000,000 LOAN TYPE: Acquisition Loan

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Address10606, 10612-10616 Hempstead Road, 2517-2523 Fairway Park Drive, 11000 Stancliff, 10925 Kinghurst, 10325 Landsbury Drive, 3727 Greenbriar Drive, 10610-10630 Rockley Road, 902-910 & 912-930 Gemini Street

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