Wells Fargo And Capital One Finance MDH Partners’ Acquisition Of 5.5M Square-foot Arctic Portfolio

The transaction involves an industrial portfolio consisting of 5,500,000 square feet located across Houston and Austin in Texas, as well as Chicago in Illinois, Greenville in South Carolina, and Middletown in Pennsylvania. The total loan amount secured for this acquisition is $357,800,000, provided by Wells Fargo and Capital One, highlighting the portfolio's significance in key industrial markets.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $357,800,000
• Asset Size: 5,500,000 SF
• Lender: Wells Fargo & Capital One
• Landlord: Jeff Small, Jr. - MDH Partners
• Brokers: Brian Gaswirth, Christopher Drew, Jimmy Calvo, Michael Cosby, Nicole Barba & Ryan Ade - JLL; Michael Loffredo & Nathan Balmes - MDH Partners

JLL played a significant role in securing acquisition financing for MDH Partners' Arctic Portfolio, which is fully leased to credit-rated national tenants. The involved brokers include Brian Gaswirth, Christopher Drew, Jimmy Calvo, Michael Cosby, Nicole Barba, and Ryan Ade from JLL, along with Michael Loffredo and Nathan Balmes representing MDH Partners in this important industrial real estate transaction.