News release

Fort Capital secures financing for 28 industrial buildings in Houston

JLL Capital Markets arranged acquisition financing for 673,679 SF of industrial flex space

October 26, 2022

Kristen Murphy

Capital Markets, Hotels & Hospitality and Value & Risk Advisory PR
+1 617 848 1572

HOUSTON – October 26, 2022 – JLL Capital Markets announced today that it has arranged $60 million in acquisition financing for 28 Class B industrial flex buildings totaling 673,679 square feet in Houston, Texas.

JLL worked on behalf of the borrower, Fort Capital, in securing the senior loan through Argentic for the acquisition and stabilization of the properties.

The portfolio is 84% leased to a diverse group of 101 tenants. The properties offer 14’-18’ clear heights and up to 60% office finish. The portfolio consists of:

  • 10606 and 10612-10616 Hempstead Road
  • 2517-2523 Fairway Park Dr.
  • 11000 Stancliff
  • 10925 Kinghurst
  • 10325 Landsbury Dr.
  • 3727 Greenbriar Dr.
  • 10610-10630 Rockley Road
  • 902-910 and 912-930 Gemini St.

The properties are positioned within Houston’s Southwest, Southeast and Northwest industrial submarkets. Each property has convenient access to the area’s transportation infrastructure, including Interstates 10, 45 and 69.

The JLL Capital Markets team representing the borrower was led by Managing Director Cullen Aderhold.

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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About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 102,000 as of June 30, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit

About Fort Capital

Fort Capital is a Texas-based, privately-owned real estate investment firm with a track record of transacting more than $1.9 billion in assets throughout the major markets in Texas, Florida, and Tennessee. Named the 39th fastest-growing real estate company in America on the Inc. 5000 list, Fort Capital’s mission is to acquire prime real estate, operate with excellence, and deliver exceptional returns to all stakeholders. For further information, visit

About Argentic

Argentic is a manager of commercial real estate lending and investment vehicles focused on providing fixed-rate and floating-rate debt financing solutions to property owners throughout the United States.