JLL arranges bridge financing for Clovis Crossing industrial park in San Marcos, Texas

MORRISTOWN, N.J., July 9, 2026 – JLL Capital Markets announced today it arranged bridge financing for Clovis Crossing, a best-in-class two building light industrial park located at 1603 Clovis Barker Rd. in San Marcos, Texas.

JLL worked on behalf of the borrower, Denholtz, to secure the financing through an entity managed by Argentic Investment Management LLC (“Argentic”).

Delivered in 2024, Clovis Crossing consists of two rear-load flex buildings totaling 213,125 square feet situated on 13.814 acres. The property features submarket-leading 32-foot clear heights, 60 dock doors, four drive-in ramps and 233 automobile parking spaces. The buildings, which range from 160 feet to 185 feet in depth, offer exceptional flexibility with configurations available from 8,640 square feet to the full building size, positioning the asset to capture diverse tenant demand across the industrial spectrum.

The property occupies a strategic location at the midpoint of the Austin-San Antonio growth corridor, providing immediate access to Interstate 35 and serving a megaregion of more than 5 million residents projected to exceed 6 million by 2030. Hays County has experienced an 88% population increase since 2010, driven by affordability and an expanding labor pool that attracts distribution, manufacturing and logistics operations.

The Austin industrial market has expanded by 53 million square feet since 2015 to a total of 97.2 million square feet, driven by advanced manufacturing, semiconductor supply-chain development and e-commerce growth. The property benefits from its position along the I-35 corridor, where speculative construction has paused while recent deliveries are absorbed, creating favorable conditions for landlords. The location provides connectivity to Austin-Bergstrom International Airport in 35 minutes and downtown San Antonio in 50 minutes, with access to the Port of Houston in less than three hours.

The JLL Capital Markets team was led by Michael Klein, Jon Mikula, Michael Johnson, Nazario Paragano and John Beeler.

"Clovis Crossing represents a premier industrial property located in one of the nation's fastest-growing regions, with its adaptable layout and functionality enabling it to meet robust tenant demand across various company sizes," said Klein. "This financing enables Denholtz to finish out its business plan and lease up the remaining space."

"Clovis Crossing sits at the intersection of some of the most compelling demand drivers in Central Texas. Argentic understood the asset and the opportunity and was able to curate a capital structure that takes advantage of the current market dynamics," added Johnson.

JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom.

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of March 31, 2026. For over 200 years, clients have trusted JLL, a Fortune 500^® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.

Argentic is an investment 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. To learn more, please visit www.argentic.com.