JLL arranges USD 455.7 million Family Dollar distribution center refinancing led by Wells Fargo
JLL•JLL arranges refinancing for Family Dollar distribution center portfolio
Jones Lang LaSalle arranged USD 455.7 million in floating-rate refinancing for an eight-property national distribution center portfolio leased to Family Dollar.
The borrower, 1959 RE Holdings, is controlled and partly owned by affiliates of Brigade Capital Management and Macellum Capital Management.
Wells Fargo provided the financing as sole lead.
The portfolio totals 7.1 million square feet across eight states and is fully leased under a long-term absolute triple-net master lease.
