Midwest Regional Office
Mapletree U.S. Logistics Portfolio
We are pleased to provide this financing to Mapletree Investments. The portfolios offer scale with 100 buildings that are functional and well maintained. There is a high level of geographic diversity, with locations spread over 19 MSAs. The properties perform well with high average occupancy levels and a diverse number of tenants. This combined with strong institutional sponsorship, make these loans an attractive addition to our senior debt portfolio.”
—John Howard, Senior Director
- Two full term interest only mortgage loans representing a combined 17.2 million square feet of industrial space spread across 100 properties in two separate portfolios
- The portfolios offer a high level of geographic diversification with a majority of the portfolio value concentrated in infill locations with access to major road networks and airports
- Diverse tenant roster representing 240 local, regional and national tenants occupying 94% of the portfolio rentable area
Source: REI Midwest Regional Office, April 2019.