McCraney Secures $55M in Industrial Financing Across Southeast

Strategic Financing Across the Southeast

According to CPE, McCraney Property Co. has obtained $55M in financing to support a three-property industrial portfolio spread across Georgia, Florida, and North Carolina. JLL’s Capital Markets Debt Advisory team—led by Melissa Rose, Michael DiCosimo, and Nicole Barba—arranged the loans.

Breaking Down the Portfolio

The non-recourse financing was split across three modern logistics facilities:

• $25.8M funded the 41 Logistics Center in Adairsville, GA, which spans 390,498 SF.
• $16M went to the Royal Palm Logistics facility in Royal Palm Beach, FL, totaling 128,684 SF.
• $13.2M supported Davidson 85, a 146,628 SF warehouse in Concord, NC.

All three properties were completed between 2023 and 2024. Each one offers features like 32- to 36-foot clear heights, ESFR sprinkler systems, and generous parking accommodations. Notably, the portfolio had reached a 94.7% occupancy rate by the time of closing.

Continued Collaboration with JLL

This isn’t the first time McCraney has worked with JLL. Previously, the firm also arranged a $25.8M loan to fund the initial phase of an industrial project in Pasco County, Florida. That successful partnership helped pave the way for the latest round of financing.

McCraney’s Expanding Industrial Footprint

Headquartered in Orlando and Charlotte, McCraney Property Co. focuses exclusively on industrial development and ownership. The firm currently has more than 25M SF either completed or under active speculative development. Its diverse tenant base includes companies across logistics, aerospace, manufacturing, agriculture, and technology.

Industrial Lending Regains Momentum

Recent financing trends support the strength of McCraney’s strategy. As interest rates declined, commercial real estate lending saw a significant rebound. According to the Mortgage Bankers Association, loan originations across all property types rose 84% year-over-year in Q4 2024.

In particular, the industrial sector experienced a 94% increase in financing activity during the same period. While hospitality and office assets posted even higher gains—up 124% and 105% respectively—the industrial sector remained a key target for capital due to its reliable performance.

Looking Ahead

By the end of 2024, overall commercial real estate lending had returned to 2022 levels. Moving forward, analysts expect continued growth in borrowing and lending activity throughout 2025, especially in sectors like industrial where tenant demand remains high.

Why It Matters

McCraney’s financing success highlights the appeal of well-leased, modern logistics facilities in secondary markets. As lenders show renewed confidence in the industrial sector, developers with quality assets—like McCraney—are well-positioned to capitalize on rising demand and increased access to capital.