Industrial Property Loans in Texas

Texas industrial — recent closings (May 2026): mostly high 6s to mid 7s (roughly 6.6%–7.65%) fixed for permanent financing, priced over the 5-year Treasury at about +2.4–2.9% (some bank deals off Prime). $5M–$30M · 15–30 day typical close.

The figures above reflect actual, recently closed commercial real estate transactions and are accurate as reported as of May 2026. They are historical market data — not an indication or offer of the rate or terms you will receive; your terms depend on the property, sponsor, market, and lender underwriting and will vary. Northern Ridge Capital arranges commercial real estate financing only (no residential) and is a licensed mortgage broker (CA DRE #02093377), not a lender. See full disclosures.

Industrial is the asset class lenders most want to be in, and Texas is one of the markets they want it in most. That’s good news and a trap: good because financing is available, a trap because owners assume it’ll be easy, go to one lender, and leave better terms on the table. Northern Ridge Capital places $5M–$30M industrial debt across Texas, warehouse, distribution, flex, last-mile, and IOS, by making eager lenders compete instead of taking the first quote. We’re a broker, not a lender.

Stop wasting deals on the wrong lenders

Strong lender appetite is leverage, but only if you create competition. Banks, life companies, CMBS, and debt funds all price quality Texas industrial differently, and specialized product (cold storage, manufacturing, IOS) needs lenders who actually underwrite it. We’re a broker, not a lender: we position your asset for the lenders most likely to win it from a network of 700+, and run them against each other on rate, leverage, recourse, and structure.

Typical Texas industrial terms

Structure shown is typical, not a quote or commitment; actual terms are set by third-party lenders subject to underwriting. See disclosures.

When it fits

Acquisition

Buying a Texas industrial asset? In a competitive market, the buyer who lines up the right debt early, and can close on time, wins. We make sure financing isn’t what loses you the deal.

Refinance / maturing loan

Loan maturing into a higher-rate market? Even a strong industrial asset deserves a competitive process. We run the market so you refinance on the best available terms, not your current lender’s first offer.

Permanent / stabilized

Holding long-term? Life-company and CMBS options can lock low fixed rates on premium stabilized Texas industrial.

Value-add, lease-up, or specialized

Transitional or specialized assets (cold storage, manufacturing, IOS) need the right lender, bridge or a specialist for the business plan, then a permanent takeout.

The Texas market right now

Texas industrial, anchored by the Dallas-Fort Worth, Houston, San Antonio, and Laredo border-trade corridors, remains a lender favorite on the back of population growth, port and manufacturing activity, and no state income tax. The owners who do best aren’t the ones with the best buildings; they’re the ones who put several eager lenders in competition instead of accepting the first quote. That competition is what we run for you.

How we place Texas industrial debt

We’re a debt brokerage with $600M+ in deal experience across underwriting and brokerage. We underwrite your asset the way lenders will, take it to the ones actively competing for Texas industrial from a network of 700+, and run it to close, typically 15–30 days. You get options and leverage, not a single take-it-or-leave-it term sheet.

Texas industrial loans — FAQ

What rate can I get on a Texas industrial loan?

In our closing data, recent loans here have run mostly high 6s to mid 7s (roughly 6.6%–7.65%) fixed for permanent financing, priced over the 5-year Treasury at about +2.4–2.9% (some bank deals off Prime) (May 2026). These are actual closed transactions, not an offer — your rate depends on the asset, leverage, and sponsor. Contact us for a live quote.

How fast can it close?

15–30 days is typical on a clean, lender-ready file, which on acquisitions can be the difference between winning and losing the deal.

How much can I borrow?

Northern Ridge Capital places industrial debt from $5 million to $30 million, commonly up to ~65–70% LTV on stabilized assets.

Can you finance specialized industrial (cold storage, manufacturing, IOS)?

Yes, but it needs lenders who specifically underwrite that subtype. A generic lender’s pricing or "no" isn’t representative; matching you to the right one is the job.

Fixed or floating?

Both are available. Most recent industrial perm deals are fixed over the 5-year Treasury; floating over SOFR is an option depending on your plan.

Is Northern Ridge Capital a lender?

No. We’re a commercial mortgage broker (CA DRE #02093377). We place your deal with the right lender from a network of 700+ and make them compete. Commercial real estate only.

Do you only work in Texas?

We place debt nationwide within our licensed footprint, with deep focus in Texas, California, Florida, Georgia, and Indiana.

About

Justin Ashcraft is the principal of Northern Ridge Capital, a commercial real estate debt brokerage placing $5M–$30M in multifamily, retail, industrial, and SBA financing nationwide within its licensed footprint, with $600M+ in deal experience across underwriting and brokerage. Licensed in California, DRE #02093377.

Northern Ridge Capital is a licensed commercial mortgage broker (CA DRE #02093377), not a lender, and arranges financing on commercial real estate only (no residential). Rates and figures reflect actual closed transactions as of the date noted and are not an indication or offer of terms. For informational purposes only; not financial, legal, or tax advice. Full disclosures.