Barings Provides $136.46 Million Financing To Centris Industrial For Industrial Properties In Houston And Atlanta
Texas
See Similar DealsBarings Provides $136.46 Million Financing To Centris Industrial For Industrial Properties In Houston And Atlanta
12515 Lockwood Road & 3920 Falcon Parkway
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The transaction involves newly built industrial properties located at 12515 Lockwood Road in Houston, TX, and 3920 Falcon Parkway in Flowery Branch, GA. The asset type is industrial, with a total loan amount of $136,460,000 associated with the properties, specifically including 1.28 million square feet of Generation Park I & II and 496,000 square feet of Falcon II.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $136,460,000
- Lender: Mike Freno - Barings
- Landlord: Centris Industrial, Inc
- Market: Houston, TX & Flowery Branch, GA
- Brokers: Steve Roth & Bill Jurjovec - CBRE
The financing provided by Barings is aimed at supporting lease-up efforts for the new industrial properties. This investment reflects Barings’ commitment to high-quality logistics assets in supply-constrained markets.
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