Patterson Arranges Financing for Nine-Asset Industrial Portfolio

Patterson is proud to announce the successful financing of a nine-asset, 1.5 million SF industrial portfolio that was assembled over the course of thirty years through various acquisitions and developments. Patterson served as capital advisor to Adams Industrial Properties assisting with securing financing with First Horizon Bank.

Jimmy Adams, CEO of Adams Industrial Properties, said, “Refinancing a real estate portfolio is one of the most consequential decisions a real estate holding company can make. We were highly impressed with Patterson. The team was most professional and as well quite personable in that they were aware of and respectful of our objectives. We look forward to working with them, as well as First Horizon, again.”

Patterson’s Austin Smith added, “We’re thrilled to partner with Adams Industrial Properties on this strategic financing. The success of the Portfolio is a testament to the team’s hands-on approach to development, ownership, asset management, and tenant relationships, and we are excited to see their continued growth. First Horizon Bank was, as usual, excellent to work with and delivered on a creative financing structure.”

Press Release