Zenith IOS
Overview
| Deal Type |
Debt Capital Markets |
|---|---|
| Size |
$130 Million with accordion to $500 Million Senior Secured Credit Facility |
| Client & Transactional Partners |
Zenith IOS J.P. Morgan Asset Management |
| Our Role |
Sole Lender Administrative Agent |
Summary
In February 2026, KeyBank closed an initial $130 million senior secured revolving credit facility (the Facility) for Zenith IOS (Zenith) and institutional investors advised by J.P. Morgan Asset Management. The Facility is secured by a diversified portfolio of institutional-quality industrial outdoor storage properties located in supply-constrained urban infill markets across the U.S., with proceeds used to refinance existing debt and fund transaction costs. KeyBank serves as Administrative Agent and is the Sole Lender for this execution.
Zenith is a vertically integrated investment, development and management company focused on the acquisition and operation of institutional-quality industrial outdoor storage assets across the U.S. Zenith provides mission-critical real estate solutions to support a wide range of users nationwide.
KeyBanc Capital Markets is a trade name under which the corporate and investment banking products and services of KeyCorp and its subsidiaries, KeyBanc Capital Markets Inc., member FINRA/SIPC (“KBCMI”), and KeyBank National Association (“KeyBank N.A.”), are marketed. Securities products and services are offered by KeyBanc Capital Markets Inc. and by its licensed securities representatives. Banking products and services are offered by KeyBank N.A.





































