JLL Capital Markets arranged $15.1 million in acquisition financing for a two-property industrial portfolio totaling 129,380 square feet in Avon, MA. Managing director Amy Lousararian and analyst Anthony Nakhle worked on behalf of the borrower, Vigilant Real Estate Holdings, to secure a five-year, fixed-rate loan through M&T Bank.
The properties at 20 and 40 Ledin Dr. were purchased for $22.65 million and are fully leased to Waste Management, North America’s largest provider of comprehensive environmental and waste services. Located within Avon Industrial Park, the buildings feature 15 loading docks combined with ceiling heights ranging from 17 to 32 feet across 6.56 acres of land.
“The acquisition of 20 and 40 Ledin reinforces our high conviction in credit-leased infrastructure assets in core locations,” said David Fowler, Vigilant managing principal. “Anchored by Waste Management under a long-term lease, the asset aligns with our focus on mission-critical uses.”
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