Courtland Claims Construction Financing, Equity Partner for South Carolina DC

HFF secured $19.5 million in construction financing and equity placement for the development of Fort Prince Distribution Center, a 436,800-square-foot, Class A, bulk industrial warehouse building in Spartanburg, SC. HFF arranged joint venture equity from JDI Realty on behalf of the developer, Dallas-based Courtland Group. Additionally, HFF placed the $19.5 million, five-year construction loan with CrossHarbor Capital Partners.

Fort Prince Distribution Center will be a cross-dock building with 36-foot clear heights, 66 dock doors and two automatic drive-in doors. Situated on 56 acres in the West Side Industrial submarket, the one-story building is located just off of Interstate 85, which is known as the industrial backbone of the Southeastern U.S.

HFF’s Travis Anderson, Chris Norvell, Cory Fowler, Trent Niederberger and Patrick Nally represented the borrower.

For comments, questions or concerns, please contact Dennis Kaiser

Connect

Inside The Story

Connect With CourtlandConnect With JDI RealtyConnect With HFF’s Anderson

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

Order Reprints

◦Financing
◦Development

Sub Markets

National

Property Sectors

Topics

National CRE News In Your Inbox.

Courtland Claims Construction Financing, Equity Partner for South Carolina DC

Inside The Story

About Dennis Kaiser

STAY INFORMED

Sub Markets

National

Property Sectors

Topics

National CRE News In Your Inbox.

Courtland Claims Construction Financing, Equity Partner for South Carolina DC

Inside The Story

About Dennis Kaiser