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Thor Equities Inks $71.7M Refi on 1M-SF Atlanta-Area Warehouse
JLL Capital Markets secured a $71.7 million refinancing for Gordon Logistics Center, a 1,039,018 square-foot, Class A advanced manufacturing facility in Adairsville, Georgia, 30 miles NW of Atlanta.
Building owner Thor Equities closed on a floating-rate, two-year loan (with three, one-year extension options) through Benefit Street Partners.
Delivered in 2023, Gordon Logistics Center features 40-foot clear heights, 179 dock high doors, four drive-in doors, 200 trailer spaces (expandable to 306), 393 auto spaces (expandable to 567), a 185-foot truck court depth and 5,095 square feet of built out office space.
The property is well located for a variety of manufacturing and distribution-focused tenants, given its proximity to multiple residential nodes and connection to Atlanta, Chattanooga and the Appalachian Regional Port (direct rail connection with the Port of Savannah).
The JLL Debt Advisory team was led by Peter Rotchford, Bobby Norwood, David Sitt, Director Christopher Pratt, Hamp Gibbs and Streeter Simmons.
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- ◦Financing
