Freehill Development Company trades Industrial Park to Denholtz Properties in the heart of the Austin-San Antonio IH-35 corridor

HOUSTON, Apr. 17, 2024 -  JLL Capital Markets announced today that arranged the sale of Clovis Barker Logistic Park, a two-building, light industrial park totaling 213,817 square feet in San Marcos, Texas.

JLL represented the seller, Freehill Company, and procured the buyer, Denholtz Properties. JLL also represented the borrower and secured the loan from the lender, Palladius Capital Management.

The industrial park is comprised of two speculative, shallow-bay, rear-load configurated buildings with 32-foot clear heights, ample car parking and a state-of-the-art design. Clovis Barker Logistics Park contains 213,817 square feet of Class A shallow-bay, logistics space designed to serve small businesses throughout Central Texas.

The property is located at 1603 Clovis R Barker Rd. It is strategically positioned along Interstate 35 and located 30-miles or less from both Austin and San Antonio, offering access to nearly five million residents within an approximate 1.5-hour drive of the site.

The JLL Capital Markets Investment Sales and Advisory team was led by Senior Director Charles Strauss, Director Tom Weber and Senior Managing Director Trent Agnew. The JLL Capital Markets Debt Advisory team was led by Managing Director Michael Johnson as well as Senior Managing Directors Jon Mikula and Michael Klein.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients - whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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