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A joint venture between Criterion Group and Columbia Pacific Advisors has obtained $180 million in refinancing for a 34-property national industrial outdoor storage portfolio. Axos Bank provided the floating-rate, five-year loan in a deal brokered by JLL Capital Markets.

The critical infill logistics collection spans more than 15.4 million square feet across 290 acres. The portfolio is spread across key Tier 1 and Tier 2 markets in Connecticut, Florida, Georgia, Maryland, Massachusetts, Mississippi, New Jersey, New York, North Carolina, Tennessee, Texas and Virginia.