trending Market Intelligence /marketintelligence/en/news-insights/trending/k6jez8X3MwbhugI32SLygA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Industrial Logistics Properties receives $350M mortgage financing

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Industrial Logistics Properties receives $350M mortgage financing

Industrial Logistics Properties Trust closed on a $350 million mortgage loan secured by a portfolio of 11 properties across eight U.S. states.

The 10-year loan is set to mature in November 2029 and carries a fixed interest rate of 3.33% per annum.

Proceeds from the loan are expected to reduce outstanding borrowings under the real estate investment trust's $750 million unsecured revolving credit facility.

The loan was provided by Morgan Stanley, UBS Investment Bank and Bank of America.

The portfolio totals roughly 8 million square feet, and Industrial Logistics' cost basis in the portfolio is $556.8 million. The fully leased portfolio had a weighted average remaining lease term of 7.1 years as of Sept. 30.

Tremont Realty Advisors served as the company's adviser, and Sullivan & Worcester LLP provided legal counsel.