Billingsley Co. secures refinancing for Denton Distribution Center in Dallas-Fort Worth metroplex

Billingsley Company secured refinancing for Denton Distribution Center, a recently delivered, class A industrial park in Denton, Texas – a submarket of Dallas-Fort Worth.

JLL represented Billingsley Company to secure the fixed-rate loan, which was used to refinance the construction debt.

Denton Distribution Center features two cross-dock industrial assets that are 451,384 square feet and 448,386 square feet, respectively. The property is fully leased to a total of five tenants – all on long-term leases. Additionally, the park features top-of-the-line functionality with 32-foot clear heights and flexibility to attract multiple different user types with suite sizes ranging from 60,000 square feet to more than 250,000 square feet.

Its location on Highway 380, just west of Interstate 35, provides accessibility to the Dallas-Fort Worth metroplex. Going northbound on I-35 provides direct access to multiple major population centers, including Oklahoma City, Kansas