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Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Construction take-out financing secured for Northshore Commerce Center

SALT LAKE CITY, Nov. 25, 2024 - JLL Capital Markets announced today it secured the construction take-out financing for Northshore Commerce Center, a 339,009-square-foot, 2023 vintage, Class A industrial portfolio in Saratoga Springs, Utah. JLL worked on behalf of the borrowers, a partnership between Bow River Capital and Wadsworth Development Group, to secure the loan. Complet ...

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25.11.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$102M financing secured for a Class A industrial portfolio in Florida and New Jersey

MORRISTOWN, N.J., Nov. 25, 2024 - JLL Capital Markets announced today it arranged $102 million in financing for the Seagis Class A Industrial Portfolio, which includes three newly completed warehouse distribution centers encompassing 495,674 square feet in Northern New Jersey and South Florida. JLL worked on behalf of the borrower, Seagis Property Group LP, to secure the seven ...

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25.11.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL’s Value and Risk Advisory announces additional growth to team

CHICAGO, Nov. 25, 2024 - JLL's Value and Risk Advisory platform announced today that it has hired Senior Directors Nikolas Rieser, MAI and Steven Cho, MAI, CCIM, and Director Chad Rogers, MAI in a move to further grow the group's geographic as well as sector-focused strategy. Based in Phoenix, Nikolas Rieser, MAI will focus on appraisal and valuation services within the multi- ...

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25.11.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Fully-leased Shops at Cross Creek trades in booming Fulshear submarket

HOUSTON, Nov. 22, 2024 - JLL Capital Markets announced today the successful sale of Shops at Cross Creek, a fully leased 24,188-square-foot retail center located in Fulshear, Texas. JLL worked on behalf of the seller, Rycore Capital LP. The buyer was Phillips Edison & Company. Shops at Cross Creek, strategically located at 6630 FM 1463, is situated in one of the fastest-gr ...

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22.11.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL marketing for sale non-performing loan secured by trophy office tower in Pittsburgh

PITTSBURGH, Nov. 21, 2024 - JLL Capital Markets announced today that it is marketing the sale of the non-performing loan secured by One Oxford Centre, a trophy, mixed-use asset totalling more than one million square feet in Pittsburgh, Pennsylvania, led by JLL Executive Managing Director John Pelusi and Senior Managing Director and head of JLL's Pittsburgh Capital Markets team ...

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21.11.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Class A office building in Houston’s Energy Corridor trades hands

HOUSTON, Nov. 21, 2024 - JLL Capital Markets announced today that it has completed the sale of Energy Crossing II, a 327,404-square-foot office building in Houston's Energy Corridor. JLL represented the seller in the sale of the property to Capital Commercial Investments, Inc. Completed in 2014, Energy Crossing II is an eight-story property offering some of the highest quality ...

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21.11.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JV equity arranged for luxury multifamily land development in Fort Lee

MORRISTOWN, N.J., Nov. 20, 2024 - JLL Capital Markets announced today that it has arranged a joint-venture equity partnership for the development of Modera Fort Lee, a 253-unit luxury multifamily project in Fort Lee, New Jersey. JLL worked on behalf of the sponsor, Mill Creek Residential, to arrange the equity investment through Kayne Anderson Real Estate. Modera Fort Lee, to ...

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20.11.2024