Nuveen Real Estate Lends $124M on Colorado Industrial Portfolio
Nuveen Real Estate | February 13, 2019
Nuveen Real Estate, a real estate investment arm of TIAA, has provided $124.3 million to Berkeley Partners for its purchase of an expansive industrial portfolio, with assets located throughout Colorado, according to brokerage HFF, which arranged the debt. The 10-year, fixed-rate loan went toward of the acquisition of a 19-property, 41-building industrial portfolio in Denver, Boulder and Colorado Springs. The portfolio totals just under 2 million square feet.