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New York-based Ashley Capital has received a $90.4 million loan to refinance Buildings 3 and 4 at Georgia North Logistics Center in Adairsville, Ga. Affinius Capital provided the funds in a deal brokered by Steve Roth of CBRE.
Completed in 2024, Building 3 spans 1 million square feet. Building 4, comprising just under 500,000 square feet, came online in 2022.
Building 3 features 40-foot clear heights, while Building 4 has a clear height of 36 feet. The facilities include 50-foot by 56-foot column spacing and 195-foot truck courts, as well as a combined 863 car parking spaces and 373 truck parking spaces. There are also a total of 12 drive-in doors and more than 300 dock doors across Buildings 3 and 4.