J
LL Capital Markets has arranged $107.8 million in financing for Adler Real Estate Partners' acquisition of three industrial assets across Denver, Charlotte, and Houston. The financing package includes separate transactions with favorable terms from bank lenders.
The SE Denver Light Industrial Portfolio, valued at $61.45 million, consists of two complexes totaling 483,828 square feet. Located in the Southeast submarket, these assets feature high-quality space with visibility along Arapahoe Road and proximity to Centennial Airport.
Harris Ridge Business Center, a $16.75 million transaction, includes two institutional-quality light industrial buildings totaling 160,355 square feet in Charlotte's North industrial submarket. The property offers exceptional access to major highways and features flexible demising options.
The Houston Prime Shallow Bay Portfolio, valued at $29.55 million, consists of eight light industrial buildings in the Energy Corridor and The Woodlands. Strategically located along major transportation routes, these properties offer up to 25-foot clear heights and abundant dock and drive-in doors.
A JLL Capital Markets team led by Senior Managing Director Melissa Rose secured the financing for Adler Real Estate Partners. "Banks are becoming increasingly aggressive with their terms for light industrial assets in high-barrier-to-entry submarkets," said Rose. "Adler Real Estate Partners continues to demonstrate expertise in identifying value-add opportunities nationwide."
JLL Capital Markets is a global provider of capital solutions for real estate investors and occupiers, with over 3,000 specialists worldwide. Adler Real Estate Partners is a vertically integrated investor and operator specializing in multi-tenant light industrial assets.
The firm has a successful legacy spanning three generations, with a 60-year track record of acquiring and operating multi-tenant light-industrial assets. Since entering the fund management business in 2010, Adler Partners has deployed and managed five funds and completed over 50 acquisitions, totaling 15 million square feet and over $2.0 billion in market value.
JLL is a leading global commercial real estate and investment management company with annual revenue of $23.4 billion and operations in over 80 countries. The company's purpose is to shape the future of real estate for a better world, helping clients, people, and communities SEE A BRIGHTER WAYSM.
