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Goldman Sachs, TPG Lend $353M on Fundrise Industrial Portfolio
JLL’s Capital Markets group arranged a $352.7-million financing package for Fundrise National Industrial Portfolio, 12 institutional-quality industrial buildings totaling approximately 3.18 million square feet across multiple high-growth markets throughout the U.S. The group represented affiliate funds of Washington, DC-based Fundrise in securing a loan from Goldman Sachs and TPG Real Estate Credit.
The JLL Debt Advisory team was led by managing director Robert Carey, senior managing director Carl Beardsley, senior director Jason Carlos and associates Gus Caiola and Patrick Wu.
“This portfolio represents a compelling investment opportunity, offering both geographic diversification and strong income stability from a quality tenant roster,” said Carey. “The strategic locations near major transportation networks, including international airports and key interstate corridors, position these assets to benefit from continued logistics demand.”
The portfolio includes properties in key logistics corridors across the Mid-Atlantic and Sunbelt. They’re leased to diverse tenants in industries such as third-party logistics, distribution services and technology.
- ◦Financing