MDH Partners Secures $59.5M Refinance Loan From Capital One For Fort Worth And Olive Branch Industrial Properties

MDH Partners has closed a $59.5 million loan from Capital One to support its acquisitions of the Fort Worth Logistics Hub and the Desoto Logistics Center. The loan amount of $59,500,000 will be used for refinancing. The properties, located at 9450 Burleson Cardinal Road in Fort Worth and 8150 Nail Road East in Olive Branch, Mississippi, have a combined square footage of 1,116,052.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $59,500,000
• Market: Fort Worth; Olive Branch, Mississippi
• Lender: Capital One
• Loan Type: Refinance
• Landlord: MDH Partners

The loan from Capital One was facilitated by Mary Lucy Lester and Courtney Murchison. The broker team from JLL, comprised of Chris Drew and Maxx Carney, represented the parties involved in the deal. With this loan, MDH Partners now has a portfolio of over 106 assets across 20 states, solidifying its position in the industrial real estate market.