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Natixis provides $150.4 million loan for AGC Equity Partners’ acquisition of southeast industrial portfolio
New York, NY, USA, July 24, 2020
Natixis announced today it has provided a $150.4 million floating-rate financing to AGC Equity Partners for the acquisition of a portfolio of five industrial properties located throughout the southeast United States totaling approximately 2.9 million square feet.
Each property in the portfolio is build-to-suit and leased to a single tenant. Properties were recently constructed between 2018 to 2020, located in Nashville, Charlotte, Raleigh, Savannah and Huntsville. Major tenants include Corning Inc. and Dorman Products.
The deal was arranged by Eastdil Secured’s Clint Frease, Nick Seidenberg and Axel Azcué.