MDH Partners has secured $357.8 million in acquisition financing for MDH F3 Arctic Portfolio, a 5.5 million-square-foot, 100 percent leased industrial portfolio located in South Carolina, Pennsylvania, Illinois and Texas.
JLL represented the borrower to secure the loan through Wells Fargo Bank, N.A. and Capital One, N.A. via a balance sheet execution.
The portfolio includes eight assets across 12 state-of-the-art buildings, ranging from 140,300 square feet to 1.03 million square feet, with an average clear height of 34 feet. The properties feature ample dock doors, trailer parking and car parking to accommodate high-volume distribution operations. Tenants are all strongly credit-rated, national household brands, and represent a diverse mix of industries including automotive, ecommerce, food and beverage and home goods.
The portfolio spans key metros including Austin; Chicago; Greenville, S.C.; Houston; and Middletown, Pa. These locations offer connectivity to ma