JLL arranges $212.79M refinancing for Adler Real Estate Partners' eight-property light industrial portfolio
United States, Oct. 28 -- JLL Capital Markets announced today it has arranged $212.79 million in financing for a 1,568,085-square-foot light industrial portfolio consisting of eight properties and 43 buildings located across Alabama, Florida, Maryland, North Carolina and Texas. The portfolio is a diversified collection of multi-tenant business parks and light industrial assets strategically positioned in key Sun Belt and Mid-Atlantic markets.JLL worked on behalf of the borrower, Adler Real Estate Partners, a Miami-based asset management firm specializing in multi-tenant light industrial properties, to secure a refinancing through a life insurance company.Collectively, the assets comprise 43 buildings with an average clear height of 18 feet ...
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