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Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL Reports Financial Results for Fourth-Quarter and Full-Year 2023

Resilient business line revenue growth continued as the pace of the market-wide pullback in transaction activity eased CHICAGO , Feb. 27, 2024 /PRNewswire/ -- Jones Lang LaSalle Incorporated ( NYSE: JLL ) today reported operating income of $290.4 million for the fourth quarter of 2023, up from $254.7 million last year, and $576.5 million for the full year, compared with $868.1 ...

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27.02.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL Reports Financial Results for Fourth-Quarter and Full-Year 2023 - Form 8-K

JLL Reports Financial Results for Fourth-Quarter and Full-Year 2023 Resilient business line revenue growth continued as the pace of the market-wide pullback in transaction activity eased CHICAGO, February 27, 2024 - Jones Lang LaSalle Incorporated (NYSE: JLL) today reported operating income of $290.4 million for the fourth quarter of 2023, up from $254.7 million last year, and ...

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27.02.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$78.5M sale and $65M in financing completed for a Class A industrial facility in Pennsylvania

PHILADELPHIA, Feb. 21, 2024 -   JLL  Capital Markets announced today that it arranged the $78.5 million sale and $65 million in acquisition financing for an 812,425-square-foot, Class A distribution center in Mechanicsburg, Pennsylvania. JLL worked on behalf of the seller and arranged the buyer, a joint venture between Lightstone and an affiliate of Cerberus Capital Manage ...

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22.02.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Sale of New Jersey shopping center in prime retail corridor closes

MORRISTOWN, Feb. 22, 2024 - JLL Capital Markets announced today that it has closed the sale of Heritage Square, a recently developed 87,318-square-foot community retail center located along Route 22 in Watchung, New Jersey. JLL represented the seller and also procured the buyer, Urban Edge Properties. The property, developed in 2019, is home to investment grade credit tenants ...

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22.02.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Acquisition financing secured for two assisted living and memory care communities in Iowa

MINNEAPOLIS, Feb. 22, 2024 - JLL Capital Markets is pleased to announce the successful arrangement of acquisition financing for two assisted living and memory care communities in Iowa on behalf of affiliates of Jaybird Senior Living ("Jaybird"). The facilities, Vintage Hills of Indianola and Country Meadow Place, present 118 units combined. Both communities were mana ...

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22.02.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Kaufman Organization secures $33M to refinance office and retail property in Chelsea

NEW YORK, Jan. 15, 2024 - JLL Capital Markets announced today that it has arranged a $33 million refinancing for 111 West 19th St., an eight-story, 189,731-square-foot office and retail building located in the heart of New York City's iconic Chelsea neighborhood. A JLL debt advisory team led by Senior Managing Director Aaron Niedermayer represented the borrower, the Kaufman Or ...

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21.02.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

RYBAK Development secures $71M construction loan for new residential condominiums in Queens

NEW YORK, Jan. 10, 2024 - JLL Capital Markets announced today that they have arranged $71 million in construction financing for The Austin, a 98-unit luxury condominium project underway at the corner of Austin Street and 78th Avenue in Forest Hills, Queens. JLL represented the locally based RYBAK Development to secure the construction financing from Valley National Bank. The J ...

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21.02.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Open-air power center in south Philadelphia secures $55M in financing

PHILADELPHIA, Feb. 21, 2024 - JLL Capital Markets announced today that it closed the $55 million financing of Quartermaster Plaza, a 456,208-square-foot, dominant, open-air shopping center located in in South Philadelphia, Pennsylvania. JLL worked on behalf of the owner, DRA Advisors and KPR Centers Partnership, to secure the five-year bank loan. DRA and KPR originally purchas ...

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21.02.2024
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Five-building, shallow-bay industrial portfolio trades near Cincinnati, Ohio

CHICAGO, Feb. 21, 2024 -   JLL  Capital Markets announced today that it arranged the sale of a five-building industrial portfolio totaling 278,000 square feet in West Chester, Ohio. JLL represented the seller and procured the buyer in this transaction. This high-performing, shallow-bay portfolio is 97.1 percent leased to 33 tenants. With an average tenant tenure of 11 year ...

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21.02.2024