Philadelphia, April 20, 2021 – Cozen O'Connor represented affiliates of Equus Capital Partners, Ltd. in a multi-tiered transaction that included the sale of two portfolios of industrial properties throughout the Southeastern United States. The transaction value exceeded $1 billion.
As part of the transaction, Cozen O’Connor also represented Equus in establishing two new joint ventures with the real estate affiliates of the contract purchaser for the acquisition, ownership, and management of the portfolio. The firm also assisted on two single-asset CMBS loans originated by Goldman Sachs in the aggregate amount of $686 million.
The portfolio consists of 88 industrial properties located in the Southeast regions, including Raleigh/Durham, Atlanta, Nashville, Norfolk, and the Shenandoah Valley. The combined leasable areas are approximately 8.6 million square feet.
Representing Equus were Cozen O’Connor attorneys Howard Grossman, Daniel W. Hardwick, Jon M. Schoenwetter, Brock E. McCandless, Veronica DeAngelo Johnson, Matthew S. Robbins, Erin A. Szulewski, Mitchell Poole, Kelly Shinn, Zachary Samton, Daniel Levin, and Eric L. Scherling, 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 925 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 33 offices across two continents.
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