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Texas  + Industrial  | 
Crossroads

Hillwood Snags $94M Refi for Midlothian Industrial Park

Hillwood obtained a $94 million loan to refinance Crossroads Logistics Park Buildings 1, 2 and 4, three Class A industrial warehouse facilities totaling 1.2 million square feet located in Midlothian, TX. Proceeds from the loan will be used to support continued leasing at the property. Affinius Capital originated the loan.

The property’s three buildings were built in 2023 and collectively feature clear heights ranging from 32’ to 40’, 213 dock doors, 282 trailer stalls and 879 auto parking stalls. Each building maintains multiple modes of ingress and egress to facilitate efficient tenant access.

The property is located in Midlothian, TX, at the intersection of Highway 67 and Highway 287 with direct access to I-20 and I-35, in the Southwest Dallas submarket, a super‑regional distribution and manufacturing corridor.

The financing was arranged by JLL Capital Markets, led by Trey Morsbach, John Rose, Jarrod McCabe, Ryan Pollack, Chad Lisbeth, and Scott Harbert.

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Financing