Texas · Industrial
Texas industrial financing.
Bridge and construction financing for warehouse, logistics, flex, and light industrial properties across Texas. Dallas-Fort Worth (the largest US industrial market by absorption), Houston, San Antonio, and the Laredo border corridor.
By David Hodara ·
5+
Active metros
$1M-$50M+
Loan range
5+ years
Lease term preferred
3-4 weeks
Typical close
Texas industrial market context
Texas is the largest industrial development market in the US, with Dallas-Fort Worth leading absorption and Houston anchoring the energy and chemicals logistics base. The Laredo-McAllen border corridor handles a substantial share of US-Mexico cross-border trade and has seen the fastest industrial rent growth nationally since 2020.
Industrial underwriting in Texas focuses on tenant credit (Amazon and other investment-grade tenants get materially better terms), lease term (5+ year leases priced significantly better than short-term), submarket vacancy, and the role of the property in the supply chain (last-mile vs regional distribution vs bulk warehouse vs flex).
Typical loan products for Texas industrial
Each deal gets routed to the product structure that fits. Most industrial deals in Texas use one of the following.
Top Texas markets we actively fund
We work industrial deals across Texas, with deepest lender relationships in the metros below.
Texas industrial FAQ
How does tenant credit affect Texas industrial financing?
Significantly. Investment-grade tenants (Amazon, FedEx, UPS, major retailers) on long-term leases unlock the highest leverage and lowest pricing. Below investment-grade or unrated tenants get priced lower-LTV and higher-rate. Multi-tenant flex industrial sometimes prices better than single-tenant on credit risk diversification.
What's typical leverage on Texas industrial bridge loans?
70-75% LTV on stabilized industrial with strong tenant credit. 65-70% on value-add or transitional deals (lease-up, expansion). Construction tops out at 75-80% LTC with credit-tenant pre-leasing.
Is the Laredo-McAllen border industrial market financeable?
Yes, and increasingly active. The cross-border logistics flow has driven sustained rent growth and absorption. Lenders are comfortable with the submarket but want to see sponsor track record specific to border logistics, given the cyclicality of US-Mexico trade flow.
How does Texas property tax affect industrial NOI underwriting?
Same dynamic as multifamily, lenders underwrite with stressed tax assumptions and expect annual reappraisal increases factored into out-year NOI. Industrial properties often have lower tax volatility than multifamily because they're less frequently reassessed at fair market value, but new acquisitions trigger reassessment.
Got a Texas industrial deal? Send it over.
Term sheet inside 48 hours, or a fast no so you can move on. Business-purpose CRE financing only.