PHILADELPHIA, February 7, 2022 – 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, Richard S. Roisman, and Matthew Robbins, 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.
About Cozen O’Connor
Established in 1970, Cozen O’Connor has over 825 attorneys who help clients manage risk and make better business decisions. The firm counsels clients on their most sophisticated legal matters in all areas of the law, including litigation, corporate, and regulatory law. Representing a broad array of leading global corporations and middle market companies, Cozen O’Connor serves its clients’ needs through 31 offices across two continents.