Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEW YORK CITY-The Dallas office Holliday Fenoglio Fowler LP has secured $117.7 million in financing for locally based ING Clarion Partners. The borrower secured two separate five-year refinancings for two industrial portfolios totaling approximately 2.7 million sf in Arizona, California, New Jersey and Washington.

HFF managing director John Rose worked exclusively on behalf of ING Clarion Partners to secure the refinancings through Northwestern Mutual. A $70 million, fixed-rate loan was arranged for the Arizona, New Jersey and Washington portfolio and a $47.7 million, fixed-rate loan was secured for the California portfolio.

The portfolios include 11 industrial properties that are 100% occupied. Sources close to the deal could not provide GlobeSt.com with specific locations or further information about the properties at this time. Notable tenants include Payless Shoe Source Distribution Inc., Complete Logistics Co. Inc. and Prime-Line Products Co.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.