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3800 Railport Parkway
$48,350,000 Acquisition Financing
Midlothian, TX | February 2025
Thorofare Capital has provided a $48,350,000 first mortgage to finance the acquisition of 3800 Railport Parkway, an 838,214-square-foot industrial manufacturing facility located in Midlothian, Texas.
Situated within Railport Business Park, one of Midlothian’s core industrial hubs, the Property is one of the few facilities in the Dallas-Fort Worth metroplex with active rail service. It features 58’ clear heights, 3 megawatts of existing electrical capacity, and the potential to expand power infrastructure to over 10 megawatts, making it well-suited for heavy manufacturing operations. The Property sits adjacent to Google’s data center campus and Target’s primary distribution facility, benefiting from Midlothian’s robust power grid and fiber access.
The financing includes a two-year initial loan term, reserves for leasing costs and a flexible prepayment structure A new, 20-year NNN lease was signed simultaneously at closing.
The sponsors is a group of private investors with ownership interests in multi-national industrial manufacturing operations.