Centerbridge Partners And Henderson Group Secure $208.5 Million Recapitalization Loan From J.P. Morgan Chase

$208,500,000

$90/SF

Building Size

2,300,000 SF

Asset Type

Industrial

Closing

Jul 22, 2026

AI

An industrial portfolio encompassing 40 properties located in Pennsylvania and South Florida was involved in the transaction. The portfolio has a total square footage of 2,300,000 and is fully backed by a loan amount of $208,500,000. This recapitalization loan comes with a five-year term and features a floating interest rate.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: $208,500,000
Lender: J.P. Morgan Chase
Landlord: Centerbridge Partners & Henderson Group
Brokers: Tom Traynor, Tom Rugg, Mark Finan & Henry Fenmore - CBRE
Loan Type: Recapitalization
Loan Terms: five-year, floating-rate
Portfolio Occupancy: 95% leased to 110 tenants

This transaction was facilitated by a joint venture between Centerbridge Partners and Henderson Group, with financing arranged by CBRE, highlighting the partnership's strategic approach to managing and leveraging the industrial assets within the portfolio.

Players