The transaction involves an industrial portfolio located across various markets including Dallas, Houston, Columbus, Ohio, Jacksonville, and Tampa. The portfolio encompasses a total square footage of 3,200,000. A loan amount of $250,000,000 has been secured for refinancing purposes with a five-year, interest-only loan structure.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $250,000,000
• Loan Type: Refinance
• Loan Terms: five-year, interest-only
• Lender: Michael Arougheti - Ares Management
• Landlord: Jonathan Martin - AEW Capital Management
• Broker Representatives: Tom Traynor, Tom Rugg, Steve Roth, Ryan Kieser & Mark Finan - CBRE

The deal showcases the involvement of key industry players, including Michael Arougheti from Ares Management who provided the loan, and Jonathan Martin representing the landlord AEW Capital Management. Additionally, the brokerage team from CBRE, comprised of Tom Traynor, Tom Rugg, Steve Roth, Ryan Kieser, and Mark Finan, played a significant role in facilitating this transaction.