Center Capital Partners Closes $150 Million KeyBank Credit Facility for Terminal Logistics Fund II

Center Capital has closed a $150 million credit facility with KeyBank for Terminal Logistics Fund II, the firm announced June 18, 2026. The transaction represents a financing development for the firm's industrial outdoor storage platform, known as Terminal Logistics.

About the Facility

The $150 million credit facility, provided by KeyBank, is designated for Terminal Logistics Fund II. Center Capital Partners described the closing as a milestone that reflects the progress of the Terminal Logistics platform. Specific structural terms of the facility were not disclosed publicly.

Center Capital and the Terminal Logistics Platform

Center Capital Partners, founded in 2021, has focused on industrial outdoor storage through its Terminal Logistics platform since the firm's inception. Managing Director Jeremy Cohen has noted that the firm has been acquiring IOS assets from the beginning through Terminal Logistics.

In prior announcements, Center Capital reported that the Terminal Logistics IOS platform raised $125 million in equity, enabling more than $350 million in industrial outdoor storage deployment. The firm has also acquired an approximately 28-acre site through the Terminal Logistics platform. The $150 million KeyBank credit facility represents a fund-level debt component for Terminal Logistics Fund II.

Additional Platform Activity

Center Capital's Terminal Logistics platform has been associated with other transactions referenced on the firm's press page, including a joint venture with Authentic that added two Southern California industrial assets, and a prior equity raise supporting the broader IOS deployment program. The firm's press page also references involvement with Sky Harbour Group. Further details on Fund II's investment pipeline and target markets were not disclosed in the announcement.

Sources: Center Capital Partners Press Page