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Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Boston-area low coverage, shallow-bay industrial property sells for $26M

BOSTON, May 14, 2025 - JLL Capital Markets announced today the $26 million sale of 295 Union Street, a low-coverage, 85,159-square-foot industrial property located in Walpole, Massachusetts. JLL represented the sellers, Casco Real Estate Partners and Berkeley Partners, in the transaction. Stockbridge acquired the asset. 295 Union Street is leased to a mix of high-credit tena ...

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16.05.2025
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Central Austin office property sold to The City of Austin for $26M

AUSTIN, May 14, 2025 - JLL Capital Markets announced today that it has completed the $26 million sale of University Park, a 206,657-square-foot, mixed-use building in Austin, Texas. JLL represented the seller, Lionstone Investments, in the sale of the property to the City of Austin. Located at 3300 N. Interstate Highway 35, University Park is just north of the University of Te ...

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15.05.2025
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL arranges sale of recently constructed distribution center in Orlando MSA

MIAMI, May 14, 2025 - JLL  Capital Markets announced today the sale of Building 5 at Mid Florida Logistics Park, a 246,460-square-foot, Class A cross-dock distribution facility in Apopka, Florida. JLL represented the seller, Dogwood Industrial Properties, in the sale. High Street Logistics Properties acquired the asset. Completed in 2021, the state-of-the-art facility is ful ...

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14.05.2025
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$58M financing secured for The Parker on Higley in Phoenix, Arizona

PHOENIX, May. 12, 2025 - JLL  Capital Markets announced today that it has arranged a $58 million financing for The Parker on Higley, a Class-A, 261-unit multi-housing development in Gilbert, Arizona. JLL worked on behalf of the sponsor, Artom Holdings LLC, in securing a construction loan through PCCP LLC. The Parker on Higley enjoys a strategic location at the northeast corn ...

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14.05.2025
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL secures $41.9M construction financing for Crossroads 55 industrial park

CHARLOTTE, May 13, 2025 - JLL  Capital Markets announced today that it has arranged $41.9 million in construction financing for Crossroads 55, a three-building, 487,200-square-foot Class A industrial development in Fuquay-Varina, North Carolina, part of the Raleigh-Durham market. JLL worked on behalf of the borrower, Stotan Industrial, to secure the five-year, floating-rate ...

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13.05.2025
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Fully leased industrial property in Decatur, GA sold to Denali Investments

ATLANTA, May 13, 2025 - JLL  Capital Markets announced today that it arranged the sale and acquisition financing of 5051 Snapfinger Woods Dr., an 82,702-square-foot industrial facility in Decatur, Georgia. JLL represented the seller who sold the property to Denali Investments. Working on behalf of the new owner, JLL also arranged the five-year loan through United Bancshares. ...

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13.05.2025
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Occupiers invest in office spaces to enhance experience and performance

CHICAGO, May 13, 2025 - Increased emphasis on structured policies and encouraging in-office attendance in 2025 continues to drive many corporate occupiers to create high-quality office spaces that enhance employee experience and performance. JLL's U.S. and Canada Office Fit-Out Cost Guide 2025 provides crucial insights into market trends and cost drivers to inform capital plan ...

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13.05.2025
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$16.8M financing arranged for 138K SF industrial property in Hamilton, NJ

MORRISTOWN, N.J., May 12, 2025 - JLL  Capital Markets announced today that it has arranged $16.8 million in acquisition and bridge financing for 861 Sloan Avenue, a 138,852-square-foot industrial facility in Hamilton, New Jersey. JLL worked on behalf of the borrower, a joint venture between Lincoln Property Company and Ullico Investment Advisors, to secure a loan through Pri ...

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13.05.2025
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

CoreNet Global’s Board of Directors names Katy Redmond as new member

CHICAGO, May 8, 2025 - JLL announced today that Katy Redmond, Senior Managing Director, Leasing Advisory, has been elected to serve on the Board of Directors of CoreNet Global, the leading global association for the corporate real estate profession. Redmond joined a distinguished group of corporate real estate leaders from around the world when her three-year term began last m ...

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08.05.2025
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL advised eQ on the sale of two healthcare properties to a fund managed by Northern Horizon

The assets are located in Espoo and Lahti and are both leased to Attendo, the market leading care services provider in the Nordics. Marjaana Berger, Investment Director, eQ Community Properties Fund: "The real estate transaction market is showing signs of recovery, and this deal demonstrates the attractiveness of the social infrastructure property segment. eQ Community Pr ...

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08.05.2025