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Brennan Investment Group and Farallon Capital have secured $252.5 million in financing for Lower Terra Industrial Portfolio, a light industrial asset collection spanning more than 3.6 million square feet across 17 markets. JLL Capital Markets arranged the floating-rate, five-year loan from affiliates of Apollo.

The portfolio includes 21 light industrial properties across 13 states in the East, West, Central and Southeast regions. Located across multiple markets, the assets provide access to 18 percent of the nation’s workforce. The portfolio comprises several types of facilities, including heavy-bolt-down investments and four separate headquarters.