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Thorofare Capital Funds $46M Refinance for 554K SF Tulare Industrial Warehouse

Thorofare Capital provides a $46 million senior mortgage to refinance the 554,077-square-foot 99 Central Logistics Center in Tulare.

By Colin Percy · May 28, 2026

Thorofare Capital has originated a $46 million floating-rate, interest-only senior mortgage loan to refinance and fund the lease-up of 99 Central Logistics Center in Tulare, California. The Class A industrial warehouse and distribution facility spans 554,077 square feet and was completed in 2024.

This transaction highlights Thorofare's ongoing commitment to industrial logistics assets within California's Central Valley. The loan is part of the firm's broader strategy, which includes nearly $700 million in transactional activity recorded in 2025, focusing on value-add and transitional opportunities in high-throughput markets nationwide.

Companies mentioned

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Thorofare Capital

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Callodine

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