The industrial portfolio in the Southwest U.S., encompassing properties in Farmers Branch, TX; Tempe, AZ; and Las Vegas, NV, was involved in a refinancing deal with a loan amount of $125,000,000. The assets are currently 95 percent leased and strategically located across these markets, presenting a lucrative investment opportunity. The loan was secured by investment firm Fundrise from Franklin BSP Realty Trust to support their expansion plans in the industrial sector.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $125,000,000
• Lender: Michael Comparato - Franklin BSP Realty Trust
• Landlord: Ben Miller - Fundrise
• Brokers: Brian Share, Ernesto Sanchez, Max Schafer, Robert Rubano & Will Strong - Cushman & Wakefield

The loan transaction was orchestrated by Cushman & Wakefield's team comprising Rob Rubano, Brian Share, Max Schafer, and Ernesto Sanchez, who represented Fundrise in leveraging their successful track record in the industrial real estate sector. Fundrise views this financing as a pivotal step towards enhancing their acquisitions and market presence, showcasing confidence in the growth potential of the industrial properties.