Dealmaker: Newmark Arranges $208M Sale, $151M Financing of 1.3MSF Industrial Portfolio
(Photo courtesy of Mapletree Investments)
Newmark Group arranged the $207.5 million sale and acquisition financing of a 19-property, 1.38-million-square-foot shallow-bay logistics portfolio with locations across the Dallas-Fort Worth, Chicago, Cincinnati and Indianapolis metro areas.
A joint venture between a global asset manager and Dalfen Industrial acquired the assets from Mapletree Investments.
Newmark President, Global Head of Industrial & Logistics Capital Markets Jack Fraker, Senior Managing Director Dom Espinosa and Associate Travis McEldowney advised the seller in cooperation with Executive Vice Chairman Terry Coyne and Vice Chairmen Melissa Copley and Bert Sanders.
Newmark Co-President, Global Debt & Structured Finance Jordan Roeschlaub, Vice Chairman Christopher Kramer, Managing Director Chris Lozinak and Associate Director Dan Axelson secured a $150.9 million loan from Wells Fargo for the buyer.
“This transaction highlights the strong appetite for prime logistics properties across key U.S. markets,” Fraker noted.
The portfolio includes 13 properties in the Dallas-Fort Worth metroplex, four in the Chicago metro, one in Cincinnati and one in Indianapolis, with an average building size of 72,614 square feet. The properties are nearly 95% leased, feature clear heights ranging up to 28′ and offer versatile loading configurations, catering to a range of logistics and distribution needs.
Newmark Research indicates U.S. industrial sales in fourth-quarter 2025 increased 12% year-over-year, with transaction volume rising sequentially each quarter. Fourth-quarter activity registered the highest volume since 2022, reflecting continued investor demand for well-leased, strategically positioned industrial properties.
Newmark Vice Chairmen and Co-Heads of Texas Industrial Capital Markets Dustin Volz and Stephen Bailey and Managing Director Zach Riebe also assisted in the transaction.
