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Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$17.75M financing arranged for Class A industrial property near Denver

DENVER, Dec. 12, 2024 - JLL Capital Markets announced today it has arranged $17.75 million in financing for Eastpark 70's Buildings 5 and 6, a two-building, 235,987-square-foot, Class A industrial portfolio in Aurora, Colorado. JLL worked on behalf of the borrower, Consolidated Investment Group, to secure the fixed-rate, five-year loan. Completed in 2022, the portfolio consist ...

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12.12.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Construction financing secured for luxury apartment development in Allen, Texas

DALLAS, Dec. 12, 2024 - JLL Capital Markets announced today that it has secured construction financing for The Monarch, a to-be-built, 325-unit luxury apartment community in Allen, Texas. JLL worked on behalf of the borrower, Zale Properties, in arranging the four-year, floating-rate loan through Kennedy Wilson. The Monarch, to be located at 1424 Bliss Ave., at the intersectio ...

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12.12.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Financing secured for industrial outdoor storage facility in Cedar Hill, TX

AUSTIN, Dec. 12, 2024 - JLL Capital Markets announced today that it has arranged the acquisition financing for 1500 High Meadows Way, a 7.54-acre industrial outdoor storage facility in Cedar Hill, Texas. JLL worked on behalf of the borrower, Apricus Realty Capital, to secure the five-year, fixed-rate loan. The site, built in 2015, features a 15,023-square-foot industrial servi ...

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12.12.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$4M acquisition and renovation financing secured for El Jugador in Oceanside

SAN DIEGO, Dec. 12, 2024 - JLL Capital Markets announced today that it has secured a $4 million acquisition financing for El Jugador, a 15-unit multi-family property located in Oceanside, California. JLL worked on behalf of the borrower, ORKA Holdings, to arranging a short-term floating rate loan to be used towards the purchase price and the substantial renovation work planned ...

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12.12.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL's Retail Investment Sales and Advisory team expands with addition of Brian Page

CHICAGO, Dec. 11, 2024 - JLL Capital Markets announced today that Brian Page will join the firm as a Director in its retail investment sales team, effective December 9, 2024. Page's appointment bolsters JLL's retail real estate expertise and investment sales capabilities. With eight years of experience in the field and having worked on $1.9 billion in retail transactions, Page ...

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11.12.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Eight self-storage properties in Memphis MSA trade to new owner

MEMPHIS, TN., Dec. 11, 2024 - JLL Capital Markets announced today that it has completed the sale of an eight-property self-storage portfolio, totaling more than 3,500 storage units and 485,000 rentable square feet, and located in the greater Memphis, Tennessee area. JLL's Self Storage Capital Markets team represented the seller, Gelt Ventures, in the sale of the portfolio to M ...

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11.12.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Garden-style apartment portfolio trades hands for $80M across Bergen County

MORRISTOWN, N.J., Dec. 11, 2024 - JLL Capital Markets announced today that it has arranged the $80 million sale of the Westwood Multi-housing Portfolio, a four-property, 276-unit multifamily portfolio located in Westwood and River Vale, New Jersey. JLL worked on behalf of the seller, Kushner, in procuring the private buyer. The portfolio is comprised of Coventry Square, Stanfo ...

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11.12.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL closes $200M sale of iconic downtown Los Angeles office tower

LOS ANGELES, Dec. 10, 2024 - JLL Capital Markets announced today that it has completed the $200 million sale of The Gas Company Tower, a 1.3 million-square-foot, iconic trophy office tower located in the heart of downtown Los Angeles (DTLA), California. JLL marketed the asset on behalf of their client for a CMBS trust that previously held the mortgage. Los Angeles County emerg ...

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10.12.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$115M refinancing secured for newly delivered Hackensack, N.J. apartment community

MORRISTOWN, N.J., Dec. 10, 2024 - JLL Capital Markets announced today that it has arranged a $115 million refinancing of Ivy and Green, a newly delivered, luxury multi-housing community totalling 389 units in Hackensack, New Jersey. JLL worked on behalf of the borrower, a joint venture between Hornrock Properties and GTIS Partners, to secure the eight-year, fixed rate loan thr ...

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10.12.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL adds Executive Vice President to its Data Center Solutions Group in Dallas

DALLAS, Dec. 9, 2024 - JLL announced today the addition of John Pasta as Executive Vice President of its Data Center Solutions Group in Dallas. As demand for data centers continues to rise across the metroplex, Pasta will apply his 13 years of expertise in this specialized sector of real estate to his new role delivering customized solutions for JLL's clients alongside the fir ...

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09.12.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$13.4M refinancing arranged for Class A medical property in Arizona

PHOENIX, Dec. 3, 2024 - JLL Capital Markets announced today that it has arranged a $13.4 million refinancing for Goodyear Medical Plaza, a 47,483-square-foot, Class A medical property in Goodyear, Arizona. JLL worked on behalf of PMB, to secure the fixed-rate loan through a national healthcare real estate lender. PMB redeveloped Goodyear Medical Plaza from a movie theatre to a ...

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06.12.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$24.5M financing secured for an Amazon-leased industrial property in Tampa, Florida

MIAMI, Dec. 06, 2024 - JLL Capital Markets announced today that it secured $24.5 million in financing for a 112,000-square-foot, Amazon-leased, last-mile distribution facility. JLL worked on behalf of the borrower, AGS TRIP Corp, to secure the fixed rate loan through Reinsurance Group of America, Incorporated (RGA). Situated in the Southeast Hillsborough submarket of the Tampa ...

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06.12.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$32.235M in acquisition financing arranged for McGee Business Center in Inland Empire West

IRVINE, Calif., Dec. 06, 2024 - JLL Capital Markets announced today that it has arranged $32.235 million in acquisition financing for McGee Business Center I & II, a fully leased 231,696-square-foot industrial portfolio located in Chino and Pomona, California. JLL worked on behalf of the borrower, Proficiency Capital LLC, to secure the three-year, floating-rate loan throug ...

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05.12.2024