Federated Companies secures $26.5m to refinance industrial portfolio

1 August 2018

Federated Companies secured $26.5m to refinance of a six-property industrial portfolio. With properties located in Jacksonville, Orlando, Tampa and the Miami/Fort Lauderdale metro areas, the portfolio totals 599,207 sq ft. The properties are fully leased on a triple-net basis. Holliday Fenoglio Fowler placed the 10-year, fixed-rate loan with a national life insurance company. Loan proceeds were used to refinance the existing debt on the portfolio.

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