The transaction involves a refinancing arrangement for an industrial asset located at 201 Exchange Pl in Hardeeville, SC. The property spans 1,300,000 square feet and is currently 87% leased. The refinancing secured was for $115,000,000, replacing a prior construction loan of $75.1 million obtained in 2023. The asset is strategically situated within 10 miles of the Port of Savannah.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $115,000,000
• Address: 201 Exchange Pl
• Market: Hardeeville, SC
• Asset Size: 1,300,000 SF
• Lender: Synovus Bank & City National Bank
• Landlord: North Signal Capital & EJF Capital
• Brokers: Bobby Norwood, Mark Sixour, Kelsey Bawcombe & Austin Smith - JLL

This deal highlights the involvement of multiple stakeholders in securing the financing, with North Signal Capital and EJF Capital notable as the landlords overseeing the refinancing process. The brokers from JLL facilitated the transaction, ensuring that the refinanced conditions related to the industrial portfolio were successfully negotiated.