Avant Capital Provides $10.35 Million Bridge Loan for North Carolina Industrial Facility Repositioning

Avant Capital, a Connecticut-based commercial real estate bridge lender, has originated a $10,350,000 bridge loan secured by a 70,481-square-foot industrial flex property located at 3200 Gateway Centre Boulevard in Morrisville, North Carolina. The property, originally constructed in 1998 and most recently used as a call center, represents a strategic investment in the rapidly growing Raleigh-Durham industrial market.

The industrial and flex market in the Raleigh-Durham region continues to benefit from strong demand driven by population growth, limited supply, and expanding e-commerce and logistics needs. This transaction demonstrates the ongoing investor confidence in secondary markets with strong fundamentals. The sponsorship group is an affiliate of Capstone Equities, an experienced real estate investor with a national track record and a specialized co-warehousing platform operating under the Portal Warehousing brand.

Loan proceeds will be used to finance the acquisition of the property, fund a planned renovation program, and provide time for the borrower to reposition the building into small industrial suites under the Portal Warehousing brand. This repositioning strategy addresses the growing demand for flexible industrial space among small and medium-sized businesses seeking modern, efficient facilities in strategic locations.

Adam Luysterborghs, Managing Principal of Avant, emphasized the significance of this transaction, stating that it showcases Avant's ability to deliver flexible capital solutions to experienced sponsors with innovative strategies. The company's support for Capstone and Portal Warehousing brings their successful co-warehousing model to the Raleigh-Durham market, potentially creating new opportunities for local businesses seeking flexible industrial space solutions.

In 2025, Avant is targeting similar projects ranging from $1 million to $75 million nationwide, with a focus on Texas, Florida, North Carolina, Georgia, Colorado, Tennessee and other high-growth markets. The company offers bridge loans and acquires non-performing loans secured by all commercial property types, with particular focus on apartments and industrial properties. This strategic focus aligns with the ongoing transformation of industrial real estate driven by e-commerce growth and supply chain evolution. For more information about Avant Capital's lending programs, visit https://www.avant-capital.com.