CBRE Secures Construction Financing for Electronic Power Design’s Manufacturing Expansion in Houston

CBRE announced today that it has secured construction financing for the development of a 144,000-square-foot manufacturing facility in Houston, Texas for Electronic Power Design (EPD), a Houston-based manufacturer of custom engineered, low-voltage electrical distribution equipment and power control systems.

CBRE Capital Markets’ Debt & Structured Finance team, represented by John Fenoglio and Brock Hudson in Houston secured the 85% loan-to-cost (LTC) construction financing for EPD in addition to a working credit facility.

EPD is a leading manufacturer of low-voltage electrical distribution equipment, delivering power solutions for some of the world’s most complex and demanding infrastructure. This project represents a significant expansion for EPD, reinforcing their commitment to meeting market demand and providing superior outcomes to their customers.

“The unprecedented surge in AI and data center development has created massive and sustained demand for high-capacity electrical equipment, leading to significant strain and extended lead times across the power infrastructure supply chain,” said Justin Rowden, President of EPD. “We look forward to serving our clients more efficiently with the addition of our new space.”

The new state-of-the-art facility will be located at 430 Lockhaven Drive in Houston, next to EPD’s existing 241,481-square-foot facility. This new building will enhance the company’s production capacity, provide space for continued innovation and position EPD for long-term success. Construction on the facility has already started, EE Reed is the general contractor.

“This new facility is a strategic investment in EPD’s future,” said Hudson, vice president at CBRE. “Building on decades of blue-chip stability, EPD is now experiencing massive, accelerated growth as a key supplier powering the AI and data center boom. CBRE is proud to support EPD’s expansion and looks forward to watching the company cement its position as key supplier for the next generation of global infrastructure.”