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Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Financing secured for newly built distribution facility in Fort Worth

FORT WORTH, June 14, 2023 - JLL Capital Markets announced today that it arranged financing for Meacham Commerce Center Building 1, a Class A industrial facility totalling 334,750 square feet in Fort Worth, Texas. JLL worked on behalf of the borrower, McCormack Commercial, to secure the loan from Protective Life Insurance Company. Built in 2022, the property is located north of ...

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14.06.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL secures $385M in debt and equity for The McBride Cohen Company to finance phase I of waterfront, trophy mixed-use project in Phoenix Metro

PHOENIX, June 13 , 2023 - JLL Capital Markets announced today that it has raised $385 million in debt and equity for the construction of South Pier at Tempe Town Lake Phase I, a 737,585-square-foot, waterfront, trophy mixed-use project that will include 724 multi-housing units and 26,767 square feet of retail space in Tempe, Arizona. Upon completion, Phase I of the McBride Coh ...

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14.06.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$49.2M construction financing secured for Birtcher Development’s Class A industrial distribution facility in Fontana, CA

ORANGE COUNTY, Calif, June 13, 2023 - JLL Capital Markets announced today that it has arranged $49.2 million in construction financing for the development of Birtcher Logistics Center Fontana, a Class A industrial distribution facility currently under construction totalling 330,048 square feet in Fontana, California. JLL represented the borrower, Birtcher Development LLC, to s ...

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13.06.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Class A multi-housing development in Colorado Springs secures construction financing

DENVER, June 12, 2023 - JLL Capital Markets announced today that it has secured construction financing for The Hunter, a 214-unit, Class A multi-housing project located in Colorado Springs' New South End neighborhood, one of the area's fastest growing submarkets. JLL worked on behalf of the borrower, a joint venture between Formativ and Argosy Real Estate Partners. The seven-s ...

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13.06.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Sale of grocery-anchored retail center in suburban Dallas closes

DALLAS, June 12, 2023 - JLL Capital Markets announced today that it has closed the sale of Independence Square, a 140,218-square-foot, grocery-anchored retail center located in the Dallas suburb of Plano, Texas. JLL represented the seller. Head Capital Partners acquired the asset. Built in 1977 and renovated in 2005, the 94-percent-leased center is grocery-anchored by a high-p ...

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13.06.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL arranges $520M capitalization for waterfront mixed-use development in Brooklyn

NEW YORK, Jun. 9, 2023 - JLL 's Capital Markets group announced today that it has secured the $520 million capitalization for the development of Sackett Place and Society Brooklyn, an under-construction, two-tower, 21-story luxury waterfront mixed-use community with 517 multi-housing units and 10,000 square feet of retail in Gowanus, Brooklyn. JLL worked on behalf of the borro ...

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13.06.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL arranges $262M financing for the development of luxury condominium tower in Miami

NEW YORK, Jun. 9, 2023 - JLL 's Capital Markets group announced today that it has secured the $262 million construction financing for E11EVEN ® Residences Beyond, a 65-story condominium development in Miami, Florida. The project will include over 550 luxury condominium units, 13,861 square feet of retail and 204 parking spaces. JLL worked on behalf of the borrower, Property M ...

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13.06.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

National investor adds West Texas self-storage facility to its portfolio

DALLAS, June 8, 2023 - JLL Capital Markets announced today that it has completed the sale of Atlas Self Storage, a 116-unit self-storage facility in Midland, Texas. JLL represented the seller, Atlas Self Storage, and procured the buyer, KO Storage. Atlas Self Storage is located at 200 Norman St. just north of Interstate 20 in downtown Midland. The project sits near a collectio ...

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09.06.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$5M in JV equity arranged for a $12.7 industrial warehouse purchase in Columbus, Ohio

MORRISTOWN, N.J., June 8, 2023 - JLL Capital Markets announced today that it has sourced the joint venture equity for the $12.7 million purchase of 3275 Alum Creek Drive, a Class B, industrial warehouse totalling 322,840 square feet in Columbus, Ohio. JLL worked on behalf of the operators, Iconic Equities to arrange the joint venture partnership with a U.S. focused real estate ...

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09.06.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Full capital stack of ~$40 million arranged for a new industrial construction deal in Casa Grande

PHOENIX, June 8, 2023 - JLL Capital Markets announced today that it arranged $15 million in joint venture equity and $23 million in financing for the development of KV Casa Grande, a state-of-the-art, industrial development totalling 314,453 square feet in Casa Grande, Arizona. JLL worked on behalf of the borrower, Kentwood Ventures, to secure the loan through CrossFirst Bank ...

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09.06.2023