JLL arranges $352.7M financing for Fundrise National Industrial Portfolio
JLL arranges $352.7M financing for Fundrise National Industrial Portfolio |
[14-August-2025] |
The 12 institutional-quality assets span 3.18M SF across strategic logistics hubs nationwide WASHINGTON, Aug. 14, 2025 /PRNewswire/ -- JLL's Capital Markets group announced today that it has arranged a $352.7 million financing package for Fundrise National Industrial Portfolio, a collection of 12 institutional-quality industrial buildings totaling approximately 3.18 million square feet across multiple high-growth markets throughout the U.S. JLL represented the borrower, affiliate funds of Fundrise, to secure a loan from Goldman Sachs and TPG Real Estate Credit. The portfolio includes 12 properties strategically positioned across key logistics corridors in the Mid-Atlantic and Sunbelt. The properties showcase institutional-quality specifications, including LED lighting, ESFR sprinkler systems, cross-dock configurations and clear heights ranging from 23 feet to 40 feet. The portfolio is currently leased to tenants representing a variety of industries, including third-party logistics, distribution services and technology. "We are excited to continue expanding our relationship with the team at Goldman Sachs and to begin a new one with TPG," said Brandon Jenkins, COO of Fundrise. "This financing will enable us to advance our long-term business plan for the industrial portfolio, create value for our investors and capitalize on the strong macro tailwinds in the industrial sector today." The JLL Debt Advisory team was led by Managing Director Robert Carey, Senior Managing Director Carl Beardsley, Senior Director Jason Carlos and Associates Gus Caiola and Patrick Wu. "This portfolio represents a compelling investment opportunity, offering both geographic diversification and strong income stability from a quality tenant roster," said Carey. "The strategic locations near major transportation networks, including international airports and key interstate corridors, position these assets to benefit from continued logistics demand." JLL's Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries. For more news, videos and research resources, please visit JLL's newsroom. About JLL About Fundrise About Goldman Contact: Grace Lewis, JLL PR
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Company Codes: NYSE:JLL |