JLL Secures Refi on 2M-SF DFW Industrial Park

JLL Capital Markets secured financing for DFW Commerce Center Phase II & III, a three-building, 1,953,620-square-foot Class A industrial park located at Dallas-Fort Worth International Airport.

JLL represented a joint venture between Goldman Sachs Alternatives and CLX Ventures to secure a floating-rate loan provided by an Ares Management Real Estate fund. Peinado Construction was the builder.

Located at 2501, 2701 and 2801 S. Airfield Dr. in Irving, Texas, the park is comprised of three buildings on a Dallas-Fort Worth International Airport ground lease. The buildings are part of the second and third phases of DFW Commerce Center.

Phases II and III cater to distribution and warehouse users. Notably, they are the last developed properties on a DFW Airport ground lease with Foreign Trade Zone capability.

Campbell Roche, Lauren Dow, Kristi Leonard, Ryan Pollack and Campbell Swango led the JLL Debt Advisory team. JLL’s Kurt Griffin and Nathan Orbin also led the leasing efforts for the industrial park.