Cushman & Wakefield arranged $16.5 million in acquisition financing for an industrial property in South Boston.
The 90,000-square-foot property at 420-460 E St. is primarily leased to global logistics provider DHL.
Jay Wagner and Timothy Hosmer of Cushman & Wakefield’s equity, debt and structured finance group arranged the transaction on behalf of GFI Partners. Fixed-rate financing was provided by CCRE.