Colliers International advised New York-based Clarion Partners, LLC in the refinancing of a 40-property portfolio of industrial distribution buildings located in Atlanta, GA. The portfolio, owned by a joint venture advised by Clarion Partners, is comprised of 3.7 million SF of well-located Class A and Class B industrial buildings and was 100% leased at the date of closing.
Kevin Troy and Hank Hall with Colliers International - Atlanta arranged $81 million in financing, which was provided by Principal Global Investors.
About Colliers International Group
Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIG) is an industry leading global real estate services company with more than 16,000 skilled professionals operating in 66 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.
Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 11 consecutive years, more than any other real estate services firm.
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About Clarion Partners, LLC
Clarion Partners, an SEC registered investment adviser with FCA-authorized and FINRA member affiliates, has been a leading U.S. real estate investment manager for more than 35 years. Headquartered in New York, the firm has offices in Atlanta, Boston, Dallas, London, Los Angeles, São Paulo, Seattle and Washington, DC. With more than $43 billion in total assets under management, Clarion Partners offers a broad range of real estate strategies across the risk/return spectrum to its 250 domestic and international institutional investors. More information about the firm is available at www.clarionpartners.com.