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GFH Partners and Scannell Properties have refinanced a seven-property, 2.3 million-square-foot industrial portfolio in seven U.S. states with a $250 million single-asset, single-borrower CMBS loan.
Barclays led the lending syndicate provided the fixed-rate SASB CMBS financing. Details on the other syndicate lenders were not disclosed.
Cushman & Wakefield served as the exclusive advisor to GFH Partners and Scannell Properties in securing the financing. Gideon Gil, Taylor Geiger and Cecelia Galligan of Cushman & Wakefield’s Equity, Debt & Structured Finance group advised the borrower.