Cole Schotz represented Eleven See Acquisitions, LLC in forming two joint ventures with Decker Capital, LLC to finance, develop and invest in three industrial warehouse properties in Houston and Katy, Texas. The transaction involved approximately $46.4 million in loans and capital contributions, including two loans totaling approximately $29.8 million that funded a portion of the properties’ aggregate purchase price.

The Cole Schotz team coordinated the portfolio’s acquisition from two separate sellers and the closing of two distinct loans within compressed timelines under the respective purchase agreements. The firm also advised on complex management and control matters arising from the parties’ relative equity investments, loan guaranties and related considerations. In addition, the team negotiated property management agreements governing the leasing and management of each property, as well as a lease and construction agreement with affiliates of Decker Capital.

The Cole Schotz team included Leo Leyva, Rab Nalavala and Jordan Metzger, and Dustin Dorsino.

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