Redfearn Capital, in partnership with TPG Angelo Gordon, has closed a $150 million refinancing of a 10-building industrial portfolio in Florida. The loan was provided by Prospect Ridge.
The transaction includes an initial $80 million loan secured by properties across Orlando, Clearwater, Pompano Beach, Jacksonville, Naples, Hialeah and Miramar. The portfolio totals 590,895 square feet and is 98.4 percent leased to 19 tenants. The financing also includes up to $70 million of additional capacity for future acquisitions.
Alex Redfearn, founder, president and CEO of Redfearn Capital, said the financing supports the firm’s continued expansion in Florida’s industrial sector.
Redfearn Capital and TPG Angelo Gordon have partnered since 2021 and have acquired 37 industrial assets totaling approximately 3.2 million square feet across the state. The refinanced portfolio was assembled between June 2022 and October 2025.
CBRE advised Redfearn Capital on the financ