Seagis Property Group Secures $184.2 Million Loan For Industrial Portfolio In Miami-Dade And New Jersey

The industrial portfolio involved in the transaction consists of 1,500,000 square feet across 13 fully leased assets located in Miami-Dade County and Northern New Jersey. This portfolio is strategically positioned in infill locations and is supported by a diverse tenant mix that includes sectors such as logistics, food, retail, and manufacturing.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $184,200,000
• Landlord: John Begier - Seagis Property Group
• Brokers: Gregory Nalbandian, Jim Cadranell & Michael Lachs - JLL

JLL facilitated the financing arrangement for this transaction, successfully securing $184.2 million for Seagis Property Group. This financing supports the ownership of the extensive industrial portfolios, which are fully leased to various tenants across significant industries, contributing to the robustness of the investment.