JLL arranges $25.6M in financing for multi-tenant light industrial portfolio in Charlotte
Authors
Grace Lewis
MIAMI, July 22, 2026 – JLL Capital Markets announced today it has arranged $25.6 million in acquisition financing for Arrowridge Business Park, a four-building light industrial portfolio totaling 194,560 square feet in Charlotte, North Carolina.
JLL worked on behalf of the borrower, Adler Real Estate Partners, to secure a five-year, fixed-rate bank loan.
The portfolio consists of four Class A light industrial buildings located at 8041, 8107, 8227 and 8301 Arrowridge Boulevard in the Southwest submarket of Charlotte. The properties are adjacent to the Interstate 485 and Interstate 77 interchange with direct access to both the central business district and Charlotte Douglas International Airport. The asset is within a 15-minute drive of the city's major population centers and affluent residential neighborhoods including Ballantyne, SouthPark, Myers Park and South End.
The portfolio features an average suite size of 7,000 square feet with 30% office buildout across 28 suites, 16-foot clear heights and both dock-high and grade-level loading capabilities. The properties include 140-foot to 160-foot shared truck courts with 50-foot concrete aprons. The portfolio is 94.6% leased to 24 tenants across various industries including HVAC services, distribution, manufacturing and specialty retail.
The JLL Capital Markets team was led by Senior Managing Director Melissa Rose and Director Kate Rathman, along with Associate Jovi Rodriguez.
"This portfolio presented a compelling opportunity to finance highly functional light industrial product in Charlotte at a significant discount to replacement cost," said Rose. "The asset's strategic positioning with immediate access to major transportation corridors and limited new supply created strong lender interest across both banks and life companies."
JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group 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
JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of March 31, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.
About Adler Real Estate Partners
Adler Real Estate Partners is a vertically integrated real estate investor and operator based in Miami, FL. The firm specializes in a niche strategy of acquiring multi-tenant light industrial and related business parks in growth markets throughout the United States. With a legacy spanning three generations, Adler Partners carries in its DNA a successful 60-year track record of acquiring and operating multi-tenant light-industrial assets. Since entering the fund management business in 2010 the current team has deployed and managed five funds and completed over 50 acquisitions, totaling 15 million square feet and over $2.0 billion in market value.