Ares Management Secures $475 Million Loan For 25-Building Industrial Portfolio Across 12 States

Ares Management secured financing for a 25-building industrial portfolio comprising 4.8 million square feet across 12 markets, including Atlanta, Reno, Las Vegas, California, Salt Lake City, Phoenix, Houston, Denver, Orlando, Jersey City, Indianapolis, Chicago, and Portland. The portfolio is 97% leased and includes Class A and B warehouse and light industrial assets.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $475,000,000
• Lender: J.P. Morgan, Morgan Stanley & Natixis Corporate & Investment Banking
• Landlord: Ares Management Real Estate
• Brokers: Brian Share, Ernesto Sanchez, Gideon Gil, Joseph Lieske, Lars Weston & Robert Rubano - Cushman & Wakefield
• Loan Terms: floating-rate

Cushman & Wakefield arranged the transaction, involving key individuals such as Brian Share, Ernesto Sanchez, Gideon Gil, Joseph Lieske, Lars Weston, and Robert Rubano, who played critical roles in facilitating the financing deal with the lenders leading the engagement.