Hillwood Obtains $61.3M Refi on Jax Logistics Building

CBRE has facilitated a $61.3 million loan for Florida Gateway Logistics Park – Building 800, a fully leased and newly built 1 million-square-foot warehouse in Jacksonville, Florida.

Brian Linnihan, Mike Ryan, Richard Henry, and Taylor Crowder with CBRE Capital Markets’ Debt & Structured Finance in Atlanta represented the borrower, Dallas-based Hillwood Investment Properties. The loan was secured through KKR.

Located at 9909 Pritchard Rd. in Jacksonville, the 1 million-square-foot warehouse sits on approximately 52 acres, was completed in 2023, and is fully leased to a single third-party logistics company. The building features 40-foot clear heights, cross-dock loading, 290 trailer spaces and 511 auto parking spots. It is part of the broader Florida Gateway Logistics Park, which, at full buildout, is expected to include 3.1 million square feet of industrial space across seven buildings. 

Specializing in distribution centers, e-commerce facilities, and logistics centers, Hillwood develops and acquires properties for industrial and logistics customers.