Affinius Capital LLC has provided a $77.4 million loan for the development of West Worth Commerce Center, an industrial project in Fort Worth, TX. The loan was given to a joint venture between Forefront Commercial Real Estate and Ares Management Real Estate fund and will be used for construction and leasing.
According to Tom Burns, representative from Affinius Capital, this investment provides strategic financing for a well-connected industrial complex in the Dallas-Fort Worth area. The West Fort Worth submarket is experiencing high demand with strong absorption rates for new properties. Additionally, the flexible design of West Worth Commerce Center allows it to accommodate various tenant configurations.
The four-building project will feature 32’-36’ clear heights, 274 dock-high doors, 12 drive-in doors,and parking space for 235 trailers and 912 cars. It is conveniently located near I-820 with easy access to both I-30and I-20 highways,making it an ideal location within DFW metroplex.
