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TA Realty has obtained $52 million in refinancing for Carter Park Distribution Center, a 970,000-square-foot industrial campus in Fort Worth, Texas, according to CommercialEdge information. Empower Annuity Insurance Co. provided the funds.
The loan has a maturity date set for 2028 and replaced a previous, $38 million note issued in 2023 by the same lender, the same source shows.
The Class A industrial campus has three buildings—two measuring 385,000 square feet each and a third one of 200,000 square feet. Tenants at the property include Lineage and Castle & Cooke Cold Storage, CommercialEdge data shows. TA Realty acquired the asset in 2016 from Lineage.