MDH Partners Secures $107 Million Loan From U.S. Bank For Industrial Acquisitions Across Seven Markets

The asset involved in the transaction comprises almost 2.2 million square feet of industrial properties located across multiple addresses, specifically 7601 Riviera Boulevard, 10501 Cold Storage Road, 780 Hartman Road, 167 International Boulevard, 2775 Ted Bushelman Boulevard, 9750 Innovation Campus Way, and 9925 John J. Lee Ave. These properties are situated in markets such as Miramar and Jacksonville, Atlanta, Louisville, Kentucky, Cincinnati and Columbus, Ohio, and Las Vegas. The transaction involved a significant financing arrangement of $107 million from U.S. Bank.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $107,000,000
• Lender: U.S. Bank
• Landlord: Jeff Small Jr. - MDH Partners
• Broker: Chris Drew - JLL
• Loan Terms: three-year loan with two, 12-month extension options
• Total Asset Square Footage: 2,200,000
• Total Units: 107,000,000

The deal was led by Matthew Ludwig of MDH Partners, with JLL playing a crucial role in sourcing the financing. This loan supports fully leased, single-tenant assets acquired in October 2025 and follows a previous transaction involving a $111.5 million loan from Truist, illustrating MDH's active deployment of its $1.2 billion Fund III.