Multi-market industrial portfolio attracts strong bank interest with favorable terms across three separate transactions
News release
25 August 2025
JLL secures $107.8M in financing for Adler Real Estate Partners' industrial acquisitions
MIAMI, Aug. 25, 2025 – JLL Capital Markets announced today that it has arranged $107.8 million in financing for Adler Real Estate Partners’ acquisition of three separate industrial assets spanning Denver, Charlotte and Houston.
The financing package includes $61.45 million for the SE Denver Light Industrial Portfolio, $16.75 million for Harris Ridge Business Center and $29.55 million for the Houston Prime Shallow Bay Portfolio. All three financings were secured through separate bank lenders.
The Denver portfolio consists of Arapahoe Business Park I & II, a seven-building complex totaling 308,541 square feet, and 345 Inverness, a three-building complex totaling 175,287 square feet. Located in Denver's Southeast submarket, these assets feature high-quality, flexible industrial space with exceptional visibility along Arapahoe Road and adjacent to Centennial Airport. The versatile spaces offer 16- to 24-foot clear heights, efficient column spacing and abundant power infrastructure to accommodate manufacturing, R&D and distribution requirements.
Located in Charlotte, North Carolina, Harris Ridge Business Center includes two institutional-quality light industrial buildings totaling 160,355 square feet. The property is situated in Charlotte's North industrial submarket at the corner of Lakeview Road and W.T. Harris Boulevard, offering exceptional access to I-77 and I-485. The asset features 18-foot clear heights, ample power capacity, climate-controlled environments and flexible demising options capable of accommodating suites from 5,000 to 40,000 square feet.
The Houston Prime Shallow Bay Portfolio consists of eight light industrial buildings in Houston's Energy Corridor and The Woodlands. The portfolio totals 275,602 square feet and is strategically located along major transportation routes, providing easy access to I-10, I-45 and the Hardy Toll Road. The properties offer up to 25-foot clear heights, 76-foot to 126-foot truck court depths and abundant dock and drive-in doors.
The JLL Capital Markets team representing the borrowers was led by Senior Managing Director Melissa Rose, Director Jack Britton, along with Analysts Josh Barker, Jovi Rodriguez and James Lovell.
"We're seeing banks becoming increasingly aggressive with their terms for light industrial assets across the country, particularly those in high-barrier-to-entry submarkets with proximity to major population centers," said Rose. "Adler Real Estate Partners continues to demonstrate their expertise in identifying value-add industrial opportunities nationwide, and we're delighted to have arranged competitive financing to support their continued growth."
JLL Capital Markets 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 recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
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About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. 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 WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. 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.