JLL secures $357.8M acquisition financing for industrial portfolio
JLL Capital Markets has arranged $357.8 million in acquisition financing for MDH F3 Arctic Portfolio, a fully leased 5.5-million-square-foot industrial portfolio. The financing was secured through Wells Fargo Bank and Capital One for borrower MDH Partners. The portfolio comprises 12 state-of-the-art buildings across eight assets in South Carolina, Pennsylvania, Illinois, and Texas.
The properties, ranging from 140,300 to 1,034,200 square feet with an average clear height of 34 feet, are strategically located in key metros including Houston, Austin, Chicago, Greenville, and Middletown. All tenants are strongly credit-rated national household brands from diverse industries including automotive, e-commerce, food and beverage, and home goods.
JLL Capital Markets ha organizzato 357,8 milioni di dollari in finanziamenti per l'acquisizione del MDH F3 Arctic Portfolio, un portafoglio industriale interamente affittato di 5,5 milioni di piedi quadrati. Il finanziamento è stato ottenuto tramite Wells Fargo Bank e Capital One per il prestatore MDH Partners. Il portafoglio comprende 12 edifici all'avanguardia distribuiti su otto proprietà in South Carolina, Pennsylvania, Illinois e Texas.
Le proprietà, che vanno da 140.300 a 1.034.200 piedi quadrati con un'altezza media di 34 piedi, sono strategically located in metropoli chiave tra cui Houston, Austin, Chicago, Greenville e Middletown. Tutti gli inquilini sono marchi nazionali con un forte rating creditizio provenienti da diversi settori, tra cui automotive, e-commerce, alimentari e bevande, e articoli per la casa.
JLL Capital Markets ha organizado 357.8 millones de dólares en financiamiento para la adquisición del MDH F3 Arctic Portfolio, un portafolio industrial completamente arrendado de 5.5 millones de pies cuadrados. El financiamiento se obtuvo a través de Wells Fargo Bank y Capital One para el prestatario MDH Partners. El portafolio comprende 12 edificios de última generación repartidos en ocho activos en Carolina del Sur, Pennsylvania, Illinois y Texas.
Las propiedades, que varían de 140,300 a 1,034,200 pies cuadrados con una altura libre promedio de 34 pies, están estratégicamente ubicadas en metrópolis clave como Houston, Austin, Chicago, Greenville y Middletown. Todos los inquilinos son marcas nacionales con alta calificación crediticia de diversas industrias, incluyendo automotriz, comercio electrónico, alimentos y bebidas, y artículos para el hogar.
JLL Capital Markets는 MDH F3 Arctic Portfolio를 위한 인수 자금으로 3억 5,780만 달러를 마련했습니다. 이 포트폴리오는 550만 평방 피트에 달하는 완전 임대 산업 포트폴리오입니다. 자금은 MDH Partners에 대한 대출을 위해 Wells Fargo Bank와 Capital One을 통해 확보되었습니다. 이 포트폴리오는 South Carolina, Pennsylvania, Illinois, Texas의 8개 자산에 걸쳐 있는 12개의 최첨단 건물로 구성되어 있습니다.
140,300에서 1,034,200 평방 피트까지 다양한 크기의 이 부동산은 Houston, Austin, Chicago, Greenville, Middletown과 같은 주요 대도시에 전략적으로 위치하고 있습니다. 모든 임차인은 자동차, 전자상거래, 식음료, 가정용품 등 다양한 산업의 강력한 신용 등급을 가진 전국 브랜드입니다.
JLL Capital Markets a organisé un financement d'acquisition de 357,8 millions de dollars pour le MDH F3 Arctic Portfolio, un portefeuille industriel entièrement loué de 5,5 millions de pieds carrés. Le financement a été obtenu par le biais de Wells Fargo Bank et Capital One pour l'emprunteur MDH Partners. Le portefeuille comprend 12 bâtiments à la pointe de la technologie répartis sur huit actifs en Caroline du Sud, en Pennsylvanie, en Illinois et au Texas.
Les propriétés, allant de 140 300 à 1 034 200 pieds carrés avec une hauteur libre moyenne de 34 pieds, sont stratégiquement situées dans des métropoles clés telles que Houston, Austin, Chicago, Greenville et Middletown. Tous les locataires sont des marques nationales à forte cote de crédit provenant de divers secteurs, notamment l'automobile, le commerce électronique, l'alimentation et les boissons, ainsi que les articles ménagers.
JLL Capital Markets hat 357,8 Millionen Dollar an Finanzierung für den MDH F3 Arctic Portfolio arrangiert, ein vollständig vermietetes Industrieportfolio von 5,5 Millionen Quadratfuß. Die Finanzierung wurde über Wells Fargo Bank und Capital One für den Kreditnehmer MDH Partners gesichert. Das Portfolio umfasst 12 hochmoderne Gebäude, die sich auf acht Grundstücke in South Carolina, Pennsylvania, Illinois und Texas verteilen.
Die Immobilien variieren von 140.300 bis 1.034.200 Quadratfuß mit einer durchschnittlichen lichten Höhe von 34 Fuß und sind strategisch in wichtigen Metropolen wie Houston, Austin, Chicago, Greenville und Middletown gelegen. Alle Mieter sind national renommierte Marken aus verschiedenen Branchen wie Automobil, E-Commerce, Lebensmittel und Getränke sowie Haushaltswaren mit starkem Bonitätsrating.
- Successfully secured $357.8M in acquisition financing
- Portfolio is 100% leased with strong credit-rated national tenants
- Strategic locations in high-growth markets across 4 states
- Diverse tenant mix across multiple industries reduces sector risk
- Modern facilities with state-of-the-art specifications
- None.
Insights
The fully leased 5.5M SF industrial portfolio spans four states
JLL represented the borrower, MDH Partners, to secure the loan through Wells Fargo Bank, N.A. and Capital One, N.A. via a balance sheet execution.
The portfolio includes eight assets across 12 state-of-the-art buildings, ranging from 140,300 to 1,034,200 square feet, with an average clear height of 34 feet. The properties feature ample dock doors, trailer parking and car parking to accommodate high-volume distribution operations. Tenants are all strongly credit-rated, national household brands, and represent a diverse mix of industries including automotive, e-commerce, food and beverage and home goods.
The portfolio spans key metros including
The JLL Debt Advisory team was led by Senior Managing Directors Chris Drew, Michael Cosby and Ryan Ade, Managing Director Brian Gaswirth, Director Jimmy Calvo and Analyst Nicole Barba. Nathan Balmes and Michael Loffredo led the debt execution on MDH's team.
"This financing represents a significant milestone for MDH Partners as they continue to expand their industrial footprint across high-growth markets," said Drew. "The institutional sponsorship, strong tenant roster, strategic locations and quality of the assets made this an attractive opportunity for lenders in today's capital markets environment."
"The Arctic Portfolio was compiled through five individual acquisitions between August and October, collectively marking the beginning of the investment of MDH Fund 3," said Nathan Balmes of MDH Partners. "JLL has once again facilitated a seamless execution aligning our debt strategy with our portfolio investment strategy, and we are excited to expand our relationship with Wells Fargo and Capital One. We expect to remain active in acquiring and developing in 2025, targeting high-quality industrial assets in dynamic markets."
JLL's Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
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About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of
About MDH Partners
MDH Partners is an
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