Affinius Capital, formerly Square Mile Capital Management and USAA Real Estate, provided a $90.6 million loan to facilitate the acquisition of a four-building, one-million-square-foot industrial park in Houston, TX by Dalfen Industrial – an owner of last mile logistics facilities.
Tom Burns – Managing Director at Affinius Capital – commented on the deal: “As Port of Houston continues to expand its operations and services, demand for high quality industrial buildings increases in order to support successful business plans. Tenants are attracted to this project due its accessibility within the greater Houston Metro region as well as strengthening demographics from rooftop growth.”
The buildings each feature desirable characteristics such as 32’ clear heights and 180’ – 185’ truck courts; they also offer excellent access via Highway 290 or Beltway 8.
