JLL Capital Markets arranges $455.7 million refinancing for Family Dollar's national distribution center portfolio
Type: Financing · Technology: Industrial · Country: United States · Value: $455.7M · Announced: 2026-09-24
JLL Capital Markets arranged a $455.7 million floating-rate refinancing for the eight‑property, 7.1 million‑square‑foot Family Dollar national distribution center portfolio owned by 1959 RE Holdings, LLC. The portfolio, comprising eight bulk distribution centers built between 1997 and 2013, is 100% leased to Family Dollar under long‑term absolute triple‑net master leases. The refinancing was led by Wells Fargo, providing the primary loan facility for the borrower. The transaction supports the portfolio’s broad geographic diversification and access to major transportation corridors across the United States. JLL acted as the financial advisor and arranger for the deal.
Counterparties
- Brigade Capital Management (Parent Company)
- JLL Capital Markets (Advisor)
- Macellum Capital Management (Parent Company)
- Wells Fargo (Lender)
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