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Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$27.3M in financing secured for a two-property industrial portfolio in New England

BOSTON, July 29, 2024 - JLL Capital Markets is pleased to announce that it has successfully secured $27.3 million in financing for a two-building industrial portfolio spanning over 315,000 square feet in Central Massachusetts and Greater Hartford, Connecticut. JLL represented NorthBridge Partners and arranged non-recourse acquisition financing through a national life insurance ...

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29.07.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Permanent financing secured for Class A, 80K SF industrial building in the Hudson Valley

MORRISTOWN, NJ, July 25, 2024 - JLL Capital Markets announced today that it secured $10 million in permanent financing for 18 Leonards Drive, a Class-A, 80,260-square-foot warehouse and distribution building located in Montgomery, New York. JLL worked on behalf of the borrower, Frassetto Companies, to secure the fixed-rate, twelve-year loan through a correspondent life insuran ...

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25.07.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Tradeport East, a newly constructed industrial building in Savannah, Georgia, sells

ATLANTA, July 25, 2024 - JLL Capital Markets announced today the sale of Building D of Tradeport East, a newly completed Class A+ distribution facility located within the Savannah, Georgia market. JLL represented the seller, BlueScope Properties Group LLC, and SkyREM, LLC acquired the property. Totalling 647,496 square feet, including 2,822 square feet of office space, the pro ...

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25.07.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$12.6M garden-style apartment complex sale closes in Phoenix, Arizona

PHOENIX, July 25, 2024 -   JLL Capital Markets announced today the $12.6 million sale of Corona Del Sol, a 64-unit, garden-style apartment complex in Phoenix, Arizona. JLL represented the private high-net worth seller and sourced the buyer, KDF Communities. Corona Del Sol is located at 27 E Corona Ave. and benefits from excellent freeway and transit access, including easy ac ...

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25.07.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL arranges acquisition financing for 250K SF, Class A industrial warehouse facility in Laredo, Texas

NEW YORK CITY, July 24, 2024 - JLL Capital Markets announced today that it arranged acquisition financing for 15241 Fatima Drive, a 250,000-square-foot, Class A industrial warehouse facility in Laredo, Texas. JLL represented the borrower, Thor Equities, and secured floating-rate acquisition financing with Shelter Growth Capital Partners ("SG Capital"). The industrial ...

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24.07.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$75M construction financing secured for FL self-storage portfolio

HOUSTON, July 23, 2024 -   JLL  Capital Markets announced today that it has arranged a $75 million construction loan for the development of six, purpose-built, Class A self-storage properties totalling 4,082 units in markets primarily serving the Orlando and Tampa, Florida MSAs. JLL worked with the developer/borrower, YourStorageUnits Capital Partners, to secure the four-y ...

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23.07.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL Capital Markets completes sale and financing of Cottages at Leon Creek in San Antonio, Texas

SAN ANTONIO, July 23, 2024 -   JLL  Capital Markets announced today that it has completed the sale and financing of Cottages at Leon Creek, a 284-unit, build-to-rent (BTR) multi-housing asset located in San Antonio, Texas. JLL represented the seller and procured financing for the buyer of Cottages at Leon Creek. Located at 12839 Berthoud Ln. in an infill suburban neighborh ...

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23.07.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Joint venture equity and construction financing secured for multi-housing development in Raleigh’s West End

RALEIGH, N.C., July 22, 2024 - JLL Capital Markets announced today the firm arranged $33.6 million of joint venture equity and $51.4 million of construction financing for West End II, a multi-housing development located in the highly sought-after West End neighborhood in Downtown Raleigh. JLL worked on behalf of Kane Realty Corporation to secure a limited partner equity commit ...

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22.07.2024