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.
