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Hillwood secures financing for 1.2msf class-A industrial building in Fort Worth, Texas
Transactions - MAY 20, 2024

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Hillwood secures financing for 1.2msf class-A industrial building in Fort Worth, Texas

by Denise Moose

Hillwood announced that it secured a forward-financing for a 1.2-million-square-foot industrial building in the submarket of Fort Worth, Texas.

JLL represented the borrower to refinance its current construction debt with a correspondent life company lender, which was able to close on the refinance shortly after construction was completed in April 2024.

The 1.2 million-square-foot property is fully leased to Carrollton, Ga.-based Southwire Company, a leading manufacturer of wire and cable. The property features 40-foot clear heights, 188 dock doors and four drive-in doors.

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