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Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL arranges $23.4 million recapitalization of Pittsburgh parking garage

PITTSBURGH, June 27, 2024 -   JLL  Capital Markets announced today that it has completed the $23.4 million recapitalization of 350 Oliver Garage, which comprised a $9 million ground lease bifurcation sale of the land and a $14.4 million financing of the leasehold improvements. 350 Oliver Garage is a 570-space parking garage with 23,000 square feet of ground floor retail in ...

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28.06.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Landmark Tampa office tower acquired in major southeast market transaction

MIAMI, June 26, 2024 -   JLL  Capital Markets announced today that it closed the sale of 100 North Tampa, a trophy office tower totalling 572,111 square feet in Tampa, Florida. JLL represented the seller and procured the buyer. Standing 42 stories tall, 100 North Tampa is the tallest office building in the city and recently underwent a $21 million renovation, including a n ...

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27.06.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL Capital Markets continues to expand its Debt Advisory team with key promotions

MIAMI, June 25, 2024 - JLL Capital Markets announced today the promotion of Jimmy Calvo and Joshua Odessky from Associates to Directors on the Debt Advisory team, based in Miami, Florida. Having joined JLL in May 2021, Calvo has significantly influenced the Miami office's success by playing a key role in numerous high-profile debt and equity placements. Prior to his tenure at ...

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26.06.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$135M refinancing arranged for a premier adaptive mixed-use project in Nashville

NASHVILLE, June 26, 2024 - JLL Capital Markets announced today that it has arranged a $135 million refinancing for Cummins Station, a premier mixed-use asset totaling 408,000 square feet in Nashville, Tennessee. JLL worked on behalf of the borrower, DZL Management, to secure the five-year, fixed-rate loan. Cummins Station is located at 209 10 th Ave. S. in the heart of Nashvil ...

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26.06.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL closes $33.2M sale and secures financing for Eastern Shore Centre

ATLANTA, June 25, 2024 - JLL Capital Markets announced today that it closed the $33.2 million sale and arranged acquisition financing for Eastern Shore Centre, Southern Alabama's premier lifestyle center and entertainment district located at 30500 Hwy 181 in Spanish Fort, Alabama. JLL represented the seller, Allied Development, and Wicker Park Capital Management purchased the ...

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26.06.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Sale of iconic mixed-use asset in Austin's historic South Congress District closes

DALLAS, June 24, 2024 - JLL Capital Markets announced today that it closed on the sale of Saint Vincent, an iconic, mixed-use trophy asset totaling 21,185 square feet located in the heart of the South Congress District of Austin, Texas. JLL represented the seller and procured the buyer. Built in 2018, the mixed-use property is 100% leased to a curated tenant mix including reta ...

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24.06.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$120M financing secured for high rise multi housing project in Phoenix

PHOENIX, June 21, 2024 - JLL Capital Markets announced today that it has arranged $120 million in construction financing for the development of Ray Phoenix, a 401-unit, 26-story multi-family residential building located in downtown Phoenix, Arizona. JLL worked on behalf of the borrower, VeLa Development Partners and Ray, to secure the loan through an affiliate of RXR Realty In ...

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21.06.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Sale and financing arranged for AMLI Doral in Miami-Dade county

MIAMI, June 21, 2024 - JLL Capital Markets announced today that it has closed the sale of and arranged acquisition financing for AMLI Doral, a 352-unit, core-plus, garden-style multi-housing community in Doral, Florida. JLL represented the seller, AMLI Residential, in the sale of the property to Pantzer Properties. Completed in 2013, AMLI Doral consists of nine four-story buil ...

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21.06.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$84.2M in financing secured from Bank OZK for West Palm Beach mixed-use development

MIAMI, Jun. 20, 2024 - JLL Capital Markets announced today that it has arranged $84.2 million senior construction financing for the first phase of the Nora District, an ongoing master-planned redevelopment project located in downtown West Palm Beach. The first phase of Nora will consist of the adaptive reuse and development of over 150,000 square feet of commercial space for r ...

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20.06.2024