Associated Bank Closes Construction Loan for Stream Realty Partners' 300,000-SF Houston Logistics Center
Associated Bank has finalized a construction loan for Stream Realty Partners to develop the Northfield Logistics Center, a 300,000-square-foot Class A cross-dock industrial warehouse at 4330 Northfield Lane in Houston, Texas, the bank announced June 18, 2026.
The facility will be situated at the intersection of Northfield Lane and West 43rd Street, less than one mile from U.S. Highway 290 and approximately five miles from the U.S. 290/Interstate 610 interchange. The site is also roughly six miles from the I-10/I-610 interchange, placing it within Houston's urban inner loop.
Deal Details and Key Parties
Heath Davis, a senior vice president with Associated Bank's Commercial Real Estate division in Houston, managed the loan arrangements and closing. Financial terms of the construction loan, including the loan amount and interest rate, were not disclosed.
Stream Realty Partners, a fully integrated national commercial real estate firm founded in 1996 and headquartered in Dallas, Texas, is the project's developer. The firm operates more than 1,500 real estate professionals across 20 offices nationwide and offers services spanning transaction advisory, investment management, property management, development, and construction management.
Associated Bank's Commercial Real Estate division maintains offices in Illinois, Indiana, Michigan, Minnesota, Missouri, Ohio, Texas, and Wisconsin. Associated Banc-Corp (NYSE: ASB), the bank's parent company, holds approximately $50 billion in total assets and is the largest bank holding company headquartered in Wisconsin.
Location and Site Characteristics
The Northfield Logistics Center is described as an urban infill location. The site's proximity to U.S. 290 and the 610 and I-10 interchanges connects it to regional distribution corridors and major population centers, according to the announcement.
About the Firms
Associated Banc-Corp is headquartered in Green Bay, Wisconsin, and operates more than 200 banking locations throughout Wisconsin, Illinois, Iowa, Minnesota, Missouri, and Nebraska. The company also operates loan production offices in Indiana, Kansas, Michigan, New York, Ohio, and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender, and Member FDIC.
Stream Realty Partners provides a full-service commercial real estate platform with capabilities across the investment lifecycle, including development and construction management.