J.P. Morgan Asset Management And Zenith Industrial Outdoor Storage Secure $130M Refinancing From KeyBank

The asset involved in this transaction is an industrial portfolio located in Arizona, consisting of 14 properties that are 98% leased. This portfolio was refinanced for a total of $130,000,000 by KeyBank with a focus on enhancing the financial strategy of the properties within the industrial sector.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $130,000,000
• Lender: KeyBank
• Landlord: Benjamin Atkins - Zenith Industrial Outdoor Storage & J.P. Morgan Asset Management
• Loan Type: Refinance

This refinancing was executed by Benjamin Atkins of Zenith Industrial Outdoor Storage alongside J.P. Morgan Asset Management, highlighting their commitment to managing and optimizing the industrial properties across four U.S. regions.