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Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Financing secured for nine industrial warehouse properties in the south Florida market

MORRISTOWN, NJ, Apr. 16, 2024 -   JLL  Capital Markets announced today that it arranged $100,000,000 financing for nine industrial warehouse properties encompassing 824,546 square feet in the south Florida market. The loan is interest-only for the full seven-year term. JLL represented the borrower, Seagis Property Group LP, and secured the loan from Nationwide. The portfol ...

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16.04.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$85.4M sale completed for a mission-critical cold storage facility in Virginia

WASHINGTON, DC, Apr. 15, 2024 -   JLL  Capital Markets announced today that it arranged the $85.4 million sale of Performance Food Group @ Cardinal North, a 328,335 square-foot, mission-critical cold storage and distribution facility in Glen Allen, Virginia. JLL worked on behalf of the seller, Scannell Properties, and procured the buyer. Fully leased to Fortune #91 Perform ...

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15.04.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Beachfront condominium development site in Naples trades for $102.6M

MIAMI, Apr. 15, 2024 - JLL Capital Markets announced today that it has closed the $102.6 million sale of a trophy, beachfront condominium development site located in Naples, Florida. JLL worked on behalf of the seller, Bahama Club Co-Op, and a partnership between Kolter Group and BH Group acquired the asset. The property features 220 linear feet of beach frontage in the heart ...

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15.04.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Gyrodyne retains JLL Capital Markets to sell 60-acre Long Island development site

NEW YORK, Apr. 12, 2024 - JLL Capital Markets announced today it has been retained by locally based Gyrodyne, LLC, to sell Flowerfield, a 60-acre redevelopment site in the hamlet of St. James in Suffolk County, Long Island, New York. Situated at the intersection of Mills Pond Road and Flowerfield Drive, the site is currently configured with four single-story, multi-tenanted in ...

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12.04.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL Capital Markets secures $43M bridge financing for build-to-rent community in Orlando, Florida

MIAMI, April 11, 2024 - JLL Capital Markets announced today that it has arranged the $43 million construction takeout bridge financing for Solamar Apartment Homes, a 210-unit, build-to-rent townhome community located in Kissimmee, Florida. JLL worked on behalf of the borrower, TRUSOT Developments, to secure the financing. JLL additionally secured the original $35 million const ...

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11.04.2024