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Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Sale of Volkswagen Parts Distribution Center in Jacksonville closes

MIAMI, May 22, 2023 - JLL Capital Markets announced today that it has closed the sale of 4150 Perimeter Industrial Pkwy, a 260,000-square-foot distribution center in Jacksonville, Florida. Constructed in 2008, the property is fully leased to Volkswagen Group of America and sits on 15.35 acres in the Westside submarket of Jacksonville. It features rear-loading capabilities in a ...

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23.05.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL Capital Markets welcomes Dean Sands to its retail investment sales and advisory team

WASHINGTON, D.C., May 19, 2023 - JLL Capital Markets announced today that Dean Sands has joined the firm's Retail Investment Sales and Advisory Team as a Managing Director in the Washington, D.C. office. Sands will report to Senior Managing Directors and co-heads of JLL's Washington, D.C. office, Andrew Weir and Jamie Leachman. "We are thrilled to have Dean join JLL in ou ...

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19.05.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL hires Jay Wagner and Richard Swartz to co-lead National Seniors Housing Capital Markets team

BOSTON, May 18, 2023 - JLL Capital Markets announced today that it has hired three seniors housing experts within its National Seniors Housing platform. Senior Managing Directors Jay Wagner and Richard Swartz, who will co-lead the team, and Senior Managing Director Aaron Rosenzweig will focus on investment sales, joint venture equity and financing transactions throughout the U ...

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19.05.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL completes partial interest sale on behalf of the sellers of the Mandarin Oriental, New York

NEW YORK, May, 17, 2023 - JLL Hotels & Hospitality announced today that the sale of a 75% interest in the Mandarin Oriental, New York, to affiliates of Reliance Industries Ltd. has been completed. JLL represented the sellers in the sale of their ownership stake. The 244-room Mandarin Oriental, New York, opened in 2003, and is positioned as one of the most iconic, luxury ho ...

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19.05.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$219.9M recapitalization arranged for suburban Miami multi-housing community

MIAMI, May 17, 2023 - JLL Capital Markets announced today that it has arranged the recapitalization of Landmark South, a 631-unit, mid-rise multi-housing community in Doral, Florida. JLL worked on behalf of the borrower, JSB Capital Group, to secure the five-year, $154.1 million senior loan through Freddie Mac Multifamily. The loan will be serviced by JLL Real Estate Capital, ...

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19.05.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL Capital Markets appoints Alex Sharrin to co-lead its net lease platform

MIAMI, May 17, 2023 - JLL Capital Markets announced today that it has appointed Senior Managing Director Alex Sharrin to co-lead its national net lease platform, alongside Senior Managing Director Coler Yoakam. Currently sitting in the Miami office, Sharrin has spent almost eight years with the firm. He joined JLL's Corporate Capital Markets and Net Lease platform as an analys ...

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19.05.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Senior acquisition financing for three-property industrial portfolio secured in the Carolinas and Georgia

HOUSTON, May 16, 2023 - JLL Capital Markets announced today that it has arranged senior acquisition financing for a three-property industrial portfolio totaling 1.6 million square feet in the Carolinas and Georgia. JLL represented the borrower, Stream Realty Partners, to secure the loan from funds managed by Apollo Global Management, Inc. The newly delivered assets are 100% le ...

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16.05.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL arranges $585M refinancing for mixed-use development in Phoenix

SAN DIEGO - May 15, 2023 - JLL 's Capital Markets group announced today that it has arranged a $585 million refinancing for The Ritz-Carlton Paradise Valley, The Ritz Carlton Residences and The Palmeraie in Paradise Valley, Arizona. JLL worked on behalf of the borrower, Five Star Development, in securing the loan with Madison Realty Capital. With 80% of construction already co ...

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16.05.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL Capital Markets arranges joint venture equity for Centric Development’s Senior Living Project in Fredericksburg, VA

WASHINGTON, D.C., May 10, 2023 - JLL Capital Markets announced today that it worked on behalf of Centric Development LLC to arrange joint venture equity for a seniors housing development project in Fredericksburg, Virginia. The project is a 153,000-square-foot property, situated on a 16.2-acre parcel. Upon completion, the three-story community will contain 142 units of seniors ...

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11.05.2023