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PGIM Real Estate provided a $78 million fixed-rate construction loan for an industrial freezer warehouse facility in Houston. The core loan was provided to a joint venture between BG Capital and Freezpak Logistics (BGFP International LLC).
This 281,849-square-foot property offers advanced, temperature-controlled storage solutions engineered to meet the demands of modern cold-chain logistics. Designed to accommodate a diverse range of frozen and refrigerated goods, it ensures optimal product integrity while adhering to the highest standards of safety and quality.