MOUNT LAUREL, NJ – An Ares Management Real Estate fund has secured $367.8 million to finance a 23-building logistics portfolio along the East Coast.
Cushman & Wakefield served as the fund's exclusive advisor in procuring the financing, and J.P. Morgan served as administrative agent on the loan.
The 3,034,863-square-foot industrial portfolio is 100% leased to 41 tenants. The properties range in size from 7,238 square feet to 478,715 square feet.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
