Darwin Investment Group Completes $130M Refinance of Industrial Portfolio

Darwin Investment Group announced the completion of a $130 million refinancing of a 39-building industrial portfolio totaling more than 2 million square feet across the greater Chicago area and Southeast Wisconsin.

The financing was provided by a dedicated Middle Market Real Estate team within Wells Fargo Commercial Banking. In conjunction with the refinancing, Darwin Investment Group principals George Cibula and Matthew Lewandowski acquired the 49% ownership interest held by their partners, bringing their ownership of the 39-building portfolio to 100%.

The refinancing and ownership consolidation were facilitated on behalf of Darwin Investment Group by Matthew Lewandowski, Erin Cibula and Patricia Liston, working closely with Wells Fargo Commercial Banking’s Middle Market Real Estate team to complete the transaction. The Wells Fargo deal team was led by Commercial Banking Leader Paul Mokhatas, Senior Relationship Manager Anu Agarwal, and Portfolio Management Manager Paul Crusen.

The portfolio consists of properties extending from Chicago’s south suburbs through Southeast Wisconsin and is home to more than 225 tenants.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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