ATLANTA-Locally based Colliers Spectrum Cauble has closed on a $15-million loan through life insurer Unum Group on a three-building regional industrial portfolio. A joint venture between locally based Seefried Properties and Frapag America owns the buildings, which total 551,631 square feet.

Two of the buildings are at Northmont Distribution Center in Atlanta’s Northeast submarket and are fully leased. The third, at RiverPark Distribution Center in Fort Worth, TX, is 70% leased.

“Most of our correspondent lenders, like Unum, have ample funds to lend and are looking for well-located, stabilized properties with good sponsorship,” says Doug Alexander, a senior vice president and principal with Colliers Spectrum Cauble. The firm recently represented Rockwell Collins in leasing 157,507 square feet at the Northmont buildings, bringing them to full occupancy.

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