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FINANCED

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

4902 South Belt Central Drive & 200 Logistics Parkway Northeast

Industrial
1,576,607 SF
clock iconFinanced 344 days ago
Chris Drew
Maxx Carney
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Summary

Loan
TEXAS
Industrial
1,576,607 sqft

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.

Players

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    4

  • Agents

    2

  • Agencies

    1

  • Lenders

    1

Chris Drew's profile picture
Chris Drew
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Senior Managing Director
Maxx Carney's profile picture
$8.9M Sold

Details

Deal Summary
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FINANCED
IMAGE: Chris Drew & Maxx Carney DATE: 06/20/2023 ADDRESS: 4902 South Belt Central Drive & 200 Logistics Parkway Northeast MARKET: Houston & White, Georgia ASSET TYPE: Industrial ~ SF: 1,576,607 LENDER: Wells Fargo LANDLORD: MDH Partners BROKERS: Chris Drew & Maxx Carney - JLL LOAN AMOUNT: $90,000,000 LOAN TYPE: Acquisition NOTE: 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.

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Address4902 South Belt Central Drive & 200 Logistics Parkway Northeast

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