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Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Sale of two Class A industrial buildings in North Fort Worth closes

DALLAS, Dec. 21, 2022 - JLL Capital Markets announced today that it has closed the sale of Westside 35, a two-building industrial park totaling 540,324 square feet in Fort Worth, Texas. JLL represented the seller in the sale to CBRE Investment Management. The recently completed industrial park is fully leased to three tenants, Gulf Relay, Mattel Sales Corp. and Texas Corrugate ...

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22.12.2022
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$15M refinancing secured for two West Coast mobile home communities

SAN FRANCISCO, Dec. 20, 2022 - JLL Capital Markets announced today that it has secured refinancing for two of Three Pillar Communities ' West Coast mobile home communities. This includes the $9 million refinancing of the 104-pad Orchard Lane in Happy Valley, Oregon, and the $6 million refinancing of the 81-pad Ukiah Country Manor in Ukiah, California. Both properties provide c ...

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20.12.2022
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Two industrial buildings in Northern New Jersey refinanced for $12.2M

MORRISTOWN, N.J., Dec. 20, 2022 - JLL Capital Markets announced today that it has arranged $12.2 million in refinancing for 481 and 491 Edward H. Ross Drive, two single-tenant industrial properties totaling 113,700 square feet in Elmwood Park, New Jersey. JLL worked on behalf of the borrower, Alfred Sanzari Enterprises Inc., in securing the 10-year, fixed-rate loan with Securi ...

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20.12.2022
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL and Quiet Platforms announce partnership to scale fulfillment centers across the U.S.

CHICAGO, Dec. 19, 2022 -JLL and QuietPlatforms, a wholly owned subsidiary of American Eagle Outfitters Inc. (NYSE: AEO), announced its partnership to accelerate the opening of new forward-edge fulfillment centers across the U.S. in 2023 to serve retailers and brands in the Quiet Platforms supply chain network. Under the agreement, the two companies will pioneer a flexible rent ...

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20.12.2022
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Multi-anchored retail in suburban Chattanooga center sells for $19.95M

ATLANTA, Dec. 19, 2022 - JLL Capital Markets announced today that it has closed the $19.95 million sale of Cleveland Towne Center, a 148,203-square-foot, multi-anchored retail center in the Chattanooga, Tennessee suburb of Cleveland. JLL marketed the property on behalf of the seller, Wicker Park Capital Management, LLC. Bodin Properties acquired the asset. Built in 2008, the 1 ...

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20.12.2022
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL arranges $360M of construction financing for mixed-use, waterfront community in Brooklyn

NEW YORK, Dec. 15, 2022 - JLL 's Capital Markets group announced today that it has arranged the $360 million construction loan for 1 Java Street, a 36-story, mixed-use waterfront development in the Greenpoint neighborhood of Brooklyn, immediately adjacent to the East River. The property will feature 834 apartments, approximately 13,000 square feet of destination retail space a ...

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16.12.2022
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Continued life sciences demand fuels $202M San Diego redevelopment

SAN DIEGO - December 15, 2022 - JLL Capital Markets announced today that it has arranged $202 million in financing for the redevelopment of Bioterra, a to-be-built, 316,000-square-foot lab / biotech facility in the heart of San Diego's life sciences cluster. JLL worked on behalf of the borrower, Longfellow Real Estate Partners, to secure the three-year loan through Square Mile ...

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16.12.2022
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL expands strategic partnership with Manulife Investment Management to provide property management services across its Canadian real estate portfolio

CHICAGO, December 15, 2022 - JLL announced today that it has expanded its strategic partnership with Manulife Investment Management to assume property management and building operations responsibility at 195 Canadian assets managed by Manulife Investment Management. The portfolio comprises office, industrial, multi-family and retail buildings totaling almost 30 million square ...

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16.12.2022
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Sale of Class A logistics facility near Greensboro, N.C. closes

CHARLOTTE, Dec. 6, 2022 - JLL Capital Markets announced today that it has closed the sale of 210 N. Pendleton St., a Class A industrial facility totaling 324,650 square feet in High Point, North Carolina. JLL represented the seller, Brennan Investment Group, in the sale to Founders Properties. Fully leased to two tenants, the facility is located off Interstate 74, proximate to ...

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08.12.2022
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$30M construction loan secured for build-to-rent community in Phoenix

PHOENIX, Dec. 6, 2022 - JLL Capital Markets announced today that it has arranged a $30 million construction loan for Villas Litchfield Park, a 153-unit, build-to-rent community in Phoenix, Arizona. JLL worked on behalf of the borrower, a joint venture between Blue Vista Capital Management and Family Development, to secure the three-and-a-half-year loan through Old National Ban ...

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08.12.2022