Affinius Capital originated a $70.2 million loan to a real estate fund advised by Crow Holdings Capital to refinance Terminal East, a 915,000-square-foot industrial property in Savannah, GA.

The property offers two buildings, one of which is 180,000 square feet offering 32’ clear heights and the other 735,000 square feet featuring 36’ clear heights. Together they offer 231 trailer stalls and 198 dock-high doors, making them ideal for modern industrial and logistics tenants. 

Terminal East is situated in the North Savannah submarket, a preferred location for distribution, e-commerce, manufacturing, and logistics users given its proximity to the Port of Savannah – the nation’s third-largest and fastest-growing container terminal port. The Georgia Ports Authority planned a $4.5 billion investment over the next 12 years to expand its container-handling capabilities, which further underscores the long-term strength of this market.

The financing was arranged by John Rose and Bobby Norwood of JLL.

Affinius Capital LLC originated a $135-million loan to finance the ground-up development of Perris Gateway, an 850,000-square-foot industrial development in Perris. Bank OZK provided the senior portion of the loan, while Affinius Capital originated the subordinate portion. The loan was provided to a joint venture between DECA Companies and Wildcat Capital Management and will finance the construction and lease-up of the project.

“This transaction represented a rare opportunity to provide construction financing for a large-scale warehouse project with excellent visibility and access to I-215,” said Affinius managing director Tom Burns. “Given the leasing velocity of industrial buildings greater than 750,000 square feet in the Inland Empire, we are very excited to close this transaction with DECA and Wildcat as Perris Gateway will be one of only a handful large cross-dock buildings available for lease in 2025.”

Perris Gateway will feature 40′ clear ceiling heights; 124 dock-high doors; four drive-in doors; and 4,000 amps of power.