MDH Partners Secures $90M Loan From Wells Fargo For Acquisitions In Houston And White, Georgia

Atlanta's MDH Partners has received $90 million in financing from Wells Fargo Bank to support its recent acquisitions, including the South Belt Central Building 4 and the Great Valley Commerce Center. The funding is part of MDH's Fund II, which aims to generate $2 billion in acquisition power.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $90,000,000
• Property Size: 1,576,607 SF
• Address: 4902 South Belt Central Drive & 200 Logistics Parkway Northeast
• Markets: Houston & White, Georgia

The loan, amounting to $90 million, was provided by Wells Fargo to assist Atlanta's MDH Partners in its recent acquisitions. The South Belt Central Building 4 and the Great Valley Commerce Center properties are part of MDH's Fund II, which aims to generate $2 billion in acquisition power. The transaction was facilitated by brokers Chris Drew and Maxx Carney of JLL, representing MDH Partners.