PGIM Furnishes Construction Loan for Houston Freezer Warehouse

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.

PGIM Real Estate (Prudential)
Steven Oliveira | Managing Director, Industrial Investments
PGIM Real Estate (Prudential)
Carrie Reichert | Executive Director, Debt Financing
PGIM Real Estate (Prudential)
Anthony Pennimpede | Executive Director, Debt Financing

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