TAMPA, FL—H&R REIT has won the confidence of investors with an industrial portfolio spanning three states and two million square feet. The three-building portfolio is fully leased to Nestle USA.

CBRE Capital Markets arranged the loan refinance. CBRE senior vice president Michael Strober, along with partners, Amanda Valenti and Donald Jennewein, secured financing with 10-year term, 10-year amortization and a 4.5% interest rate through ING Investment Management.

“The challenge was not so much that it was a portfolio in three different locations, but that the buildings had just gone into their option period," Strober tells GlobeSt.com. "We had shorter maturities on large distribution centers with a single tenant and an average of five to seven years left on the leases. If they were multitenant buildings you would have an easier job.”