JLL Capital Markets announced today that it has arranged $107.8 million in financing for Adler Real Estate Partners’ acquisition of three separate industrial assets spanning Denver, Charlotte and Houston.
The financing package includes $61.45 million for the SE Denver Light Industrial Portfolio, $16.75 million for Harris Ridge Business Center and $29.55 million for the Houston Prime Shallow Bay Portfolio. All three financings were secured through separate bank lenders.
The Denver portfolio consists of Arapahoe Business Park I & II, a seven-building complex totaling 308,541 square feet, and 345 Inverness, a three-building complex totaling 175,287 square feet. Located in Denver’s Southeast submarket, these assets feature high-quality, flexible industrial space with exceptional visibility along Arapahoe Road and adjacent to Centennial Airport. The versatile spaces offer 16- to 24-foot clear heights, efficient column spacing and abundant power infrastructure to accommodate manufacturing, R&D and distribution requirements.
Located in Charlotte, North Carolina, Harris Ridge Business Center includes two institutional-quality light industrial buildings totaling 160,355 square feet. The property is situated in Charlotte’s North industrial submarket at the corner of Lakeview Road and W.T. Harris Boulevard, offering exceptional access to I-77 and I-485. The asset features 18-foot clear heights, ample power capacity, climate-controlled environments and flexible demising options capable of accommodating suites from 5,000 to 40,000 square feet.
The Houston Prime Shallow Bay Portfolio consists of eight light industrial buildings in Houston’s Energy Corridor and The Woodlands. The portfolio totals 275,602 square feet and is strategically located along major transportation routes, providing easy access to I-10, I-45 and the Hardy Toll Road. The properties offer up to 25-foot clear heights, 76-foot to 126-foot truck court depths and abundant dock and drive-in doors.
The JLL Capital Markets team representing the borrowers was led by Senior Managing Director Melissa Rose, Director Jack Britton, along with Analysts Josh Barker, Jovi Rodriguez and James Lovell.
