LBA Logistics tapped the hot commercial mortgage-backed securities market to finance an industrial property portfolio located across 10 states, completing a $577.63 million deal for the 7 million-square-foot national portfolio.
LBA Logistics taps CMBS market to refinance national industrial portfolio
Firm completes $577.6 million deal for portfolio spread across 10 states
![The largest building in the portfolio is a 552,700-square-foot cold storage distribution center at <a href="https://product.costar.com/detail/lookup/10875080/summary" target="_blank" link-data="{"linkText":"10501 Cold Storage Road","link":{"target":"NEW","attributes":[],"url":"https://product.costar.com/detail/lookup/10875080/summary","_id":"00000192-53d5-d328-abd6-dfd597b90004","_type":"ff658216-e70f-39d0-b660-bdfe57a5599a"},"_id":"00000192-53d5-d328-abd6-dfd597b90005","_type":"809caec9-30e2-3666-8b71-b32ddbffc288"}">10501 Cold Storage Road</a> in Jacksonville, Florida. (JLL)](/_next/image?url=https%3A%2F%2Fcostar.brightspotcdn.com%2Fdims4%2Fdefault%2Fda46516%2F2147483647%2Fstrip%2Ftrue%2Fcrop%2F2100x1400%2B0%2B0%2Fresize%2F2100x1400!%2Fquality%2F100%2F%3Furl%3Dhttp%253A%252F%252Fcostar-brightspot.s3.us-east-1.amazonaws.com%252Fbf%252F00%252F6cfb553a415fa0e75fdee0080286%252F10501coldstoragerd.jpg&w=3840&q=75)
CoStar News
October 3, 2024 | 9:16 P.M.
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IN THIS ARTICLE
- Properties
- Rickenbacker Central 759
6198 Green Pointe Dr, Groveport, OH
- Companies
- LBA Logistics
Real Estate
- Contacts
- Kevin MacKenzie
Executive Managing Director, JLL