Blackstone Secures $415M Mezzanine Loan For Industrial Portfolio In Dallas-Fort Worth, Phoenix, Baltimore & Atlanta

The Industrial Portfolio, located in Dallas-Fort Worth, Phoenix, Baltimore, and Atlanta, is undergoing a loan transaction. The property encompasses approximately 15,700,000 square feet and is owned by Blackstone. The lender, Clarion Partners represented by Drew Fung, is providing a Mezzanine Loan for this transaction. The loan amount is $415,000,000.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $415,000,000
• Address: Industrial Portfolio
• Market: Dallas-Fort Worth, Phoenix, Baltimore & Atlanta
• Lender: Clarion Partners - Drew Fung
• Landlord: Blackstone

Drew Fung from Clarion Partners acts as the representative for the lender in this transaction. The financing provided through the Mezzanine Loan will contribute to the acquisition or ongoing operations of the Industrial Portfolio owned by Blackstone. The deal brings together key individuals and companies involved in the loan and property transaction.