Cozen O'Connor represented affiliates of Equus Capital Partners, Ltd. in the acquisition of a portfolio of industrial properties throughout the Southeast and Sun Belt. The transaction value is in excess of $900 million. The transaction was announced on February 1, 2022.
Cozen O'Connor also assisted Equus with a senior mortgage loan and a mezzanine loan originated by affiliates of New York investment bank Morgan Stanley for an aggregate amount of $646.9 million.
The portfolio consists of 75 industrial properties located in South Florida; Houston; Dallas; the Baltimore-Washington Corridor; Richmond, Va.; Atlanta; and Greenville, S.C. The combined areas are approximately 5.4 million square feet.
Representing Equus were Cozen O'Connor attorneys Howard Grossman, Zachary Samton, Francis Bergold, Daniel W. Hardwick, Kelly Shinn, Brock E. McCandless, and Richard S. Roisman, and lead paralegal, Robin Cooper.
Cozen O'Connor's Real Estate Practice represents national and regional developers, public companies and REITS, owners, builders, managers, private equity funds, institutional and private investors, banks, and governments in acquisitions and dispositions, development, financing, leasing, and the management of real estate.