Industrial
Capital for the logistics economy.
Industrial has remained the most liquid CRE asset class. We source senior, construction, and structured capital for logistics operators and institutional owners across primary and secondary distribution markets.
Market Commentary
Where the capital sits.
United States
US industrial remains the deepest lending market in CRE. Life companies, banks, debt funds, and CMBS are all actively deploying. Stabilized core assets trade 55 to 65 percent LTV at spreads 25 to 50 bps inside comparable office. Construction capital is broadly available for sponsors with track record at 60 to 70 percent LTC, including for spec product in primary markets. Underwriting has recalibrated from 2022 peaks but the lending universe remains deep.
United Kingdom
UK logistics is among the most liquid segments of UK CRE lending. Clearing banks, UK branches of North American lenders, and insurance companies compete actively for institutional sponsors. Sub-£100 million stabilized assets finance through specialist debt funds and challenger banks with relationship pricing.
Capital Sources
Active lenders for industrial.
The lenders who are actually transacting today, by capital type and typical profile.
Life insurance companies
Long-term fixed-rate capital for stabilized logistics at disciplined leverage with fast execution.
Banks
Construction, bridge, and stabilized senior across the US and Europe for established logistics sponsors.
Debt funds
Non-recourse construction and bridge capital, including spec development for sponsors with track record.
CMBS
Competitive fixed-rate execution for larger stabilized portfolios and single assets.
Execution
What we place.
Sector-specific execution across the full capital stack, structured around the business plan rather than a template.
Senior construction capital including spec development
Portfolio financings across single and multi-state assets
Cross-border capital for US sponsors acquiring UK logistics
Build-to-suit financings with tenant credit underwriting
Execution
How we finance industrial.
Senior construction capital including spec development
Portfolio financings across single and multi-state assets
Cross-border capital for US sponsors acquiring UK logistics
Build-to-suit financings with tenant credit underwriting
Ready to Transact
Working on a industrial deal?
Send us the basics. We'll come back with a capital strategy, indicative pricing, and the short list of lenders worth talking to.