CBRE has arranged two loans to refinance two fully leased warehouses in Georgia and Texas. Greenwood 75 II, a 1,001,700-square-foot warehouse in McDonough, GA and Interchange 20/45 Building 2, an 800737-square-foot warehouse in Hutchins TX were secured through Deka Bank. Mike Ryan, Brian Linnihan and Taylor Crowder with CBRE Capital Markets’ Debt & Structured Finance represented the borrower Affinius Capital.
Despite market headwinds creating challenges for debt financing deals of this size there was strong interest from over twenty five lenders due to the strength of sponsorship new construction as well as excellent tenancy at both buildings according to Linnihan Vice Chairman with CBRE.
Greenwood 75 II is located at 315 Greenwood Place McDonough GA built in 2022 it is fully leased by one tenant on 57 acres that includes 215 dock doors four drive ins 40 foot clear heights 300 auto parking spaces plus 254 trailer spaces .
