The Boston and Atlanta offices of Holliday Fenoglio Fowler, LP arranged the loan. Senior managing director Frederic Wittmann and senior real estate analyst Robyn King in HFF's Boston office, along with Bruce Fernald and Todd McKissick in HFF's Atlanta office, worked on behalf of CIVF to secure two seven-year first mortgages through Nationwide Life Insurance Co.

Fernald says that Nationwide was able to structure the financing to include various features that were requested by both Mark Bechard, the chief financial officer, and John Lawrence, the senior finance associate, of Cabot Properties. "Nationwide's flexibility and dependability separated this lender from a highly competitive field of capital sources," adds Wittmann. "The combination of CIVF's depth of experience and the size of the secured industrial financing opportunity were highly attractive in the debt capital market."

A 5.06% fixed rate financing was arranged for a two million-sf, eight-property, 21-building portfolio. A 4.72% fixed rate financing was arranged for a two-million-sf, 10-property, 19-building portfolio.