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Texas  + Houston-Galveston  + Industrial  | 
Fort Capital Gets $60 million loan for 28 building portfolio

JLL Capital Secures Houston Warehouse Acquisition Loan for Fort Capital

JLL Capital Markets arranged $60 million in acquisition financing for 28 Class B industrial flex building totaling nearly 675,000 square feet in Houston. JLL worked on behalf of the borrower, Fort Capital, in securing the senior loan through Argentic for the acquisition and stabilization of the properties. 

The portfolio is 84% leased to a diverse group of 101 tenants. The properties offer 14’-18’ clear heights and up to 60% office finish. The portfolio consists of:

  • 10606 and 10612-10616 Hempstead Road
  • 2517-2523 Fairway Park Dr.
  • 11000 Stancliff
  • 10925 Kinghurst
  • 10325 Landsbury Dr.
  • 3727 Greenbriar Dr.
  • 10610-10630 Rockley Road
  • 902-910 and 912-930 Gemini St.

The properties are positioned within Houston’s Southwest, Southeast and Northwest industrial submarkets. Each property has convenient access to the area’s transportation infrastructure, including Interstates 10, 45 and 69.

The JLL Capital Markets team representing the borrower was led by Cullen Aderhold.

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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.

  • ◦Sale/Acquisition