Barings Provides $136.46 Million Financing To Centris Industrial For Industrial Properties In Houston And Atlanta

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.