JLL arranges $35.7M financing for seven-building industrial portfolio in Atlanta
ATLANTA, Apr. 16, 2026 – JLL Capital Markets announced today it has arranged $35.742 million in financing for the Atlanta Small Bay Portfolio, a seven-building shallow bay industrial complex totaling 397,959 square feet in Atlanta, Georgia.
JLL worked on behalf of the borrower, COFE Properties, to secure a loan through Synovus.
The portfolio consists of properties strategically positioned in northeast Atlanta. The buildings range from 45,000 to 77,000 square feet with clear heights between 18 and 22 feet, offering flexible rear configurations with both dock-high and drive-in capabilities designed for multi-tenant occupancy. The sponsor plans to implement strategic capital improvements including building enhancements, site work and tenant space upgrades to position the properties competitively within the market.
The properties feature average tenant suite sizes of 8,650 square feet and are currently 83.6 percent leased to a diverse roster of 35 tenants spanning wholesale and distribution, specialty trades, logistics, construction and home improvement industries.
The JLL Debt Advisory team was led by Senior Managing Director Melissa Rose, Managing Director Bobby Norwood, Associate Nicole Diaz and Analyst Preston Bacon.
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.
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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 December 31, 2025. 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 COFE Properties
Founded in 2002, COFE Properties (“COFE”) is a privately owned real estate investment firm headquartered in Miami, Florida with regional offices in Dallas, Houston, and Atlanta. COFE has a proven track record of acquiring well located, multi-tenant assets and generating attractive returns. We are committed to providing enhanced returns to our investors by acquiring income producing properties located throughout urban markets and implementing a “hands-on” management approach, which allows for the efficient repositioning and institutionalization of our properties. COFE’s capabilities include investment, acquisition, and asset management.
About Synovus, now Pinnacle
Synovus Bank merged into Pinnacle Financial Partners on Jan. 2, 2026, bringing together more than 160 years of combined banking service. Until brand conversion in early 2027, it will continue to operate as Synovus Bank. Pinnacle is a $117.2 billion asset regional bank which provides a full range of banking, investment, trust, mortgage and insurance products and services for commercial and consumer clients who want a comprehensive relationship with their financial institution. Pinnacle is the largest bank holding company headquartered in Georgia and largest bank headquartered in Tennessee. The firm has offices in Tennessee, Georgia, Alabama, Florida, Kentucky, Maryland, North Carolina, South Carolina and Virginia.