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9450 Burleson Cardinal Road & 8150 Nail Road East
FINANCED

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

9450 Burleson Cardinal Road & 8150 Nail Road East

Industrial
1,116,052 SF
clock iconFinanced 328 days ago
Chris Drew
Maxx Carney
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Summary

Loan
TEXAS
Industrial
1,116,052 sqft

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.

Players

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    4

  • Agents

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  • Agencies

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  • Lenders

    1

Chris Drew's profile picture
Chris Drew
JLL-image
Senior Managing Director
Maxx Carney's profile picture
$8.9M Sold

Details

Deal Summary
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FINANCED
IMAGE: Chris Drew, Maxx Carney & Arun Singh DATE: 07/05/2023 ADDRESS: 9450 Burleson Cardinal Road & 8150 Nail Road East MARKET: Fort Worth; Olive Branch, Mississippi ASSET TYPE: Industrial ~ SF: 1,116,052 LENDER: Capital One (@CapitalOne) - Mary Lucy Lester & Courtney Murchison LANDLORD: MDH Partners - Arun Singh BROKERS: Chris Drew & Maxx Carney - JLL (@JLL) LOAN AMOUNT: $59,500,000 LOAN TYPE: Refinance NOTE: 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 firm's portfolio now encompasses over 106 assets across 20 states.

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Address9450 Burleson Cardinal Road & 8150 Nail Road East

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