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Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$57.27M acquisition financing secured for eight-asset industrial portfolio in Minnesota

MINNEAPOLIS, Oct. 30, 2023 - JLL Capital Markets announced today that it arranged the $57.27 million acquisition financing for an eight-building industrial portfolio totaling 941,564 square feet spread across Eagan, Brooklyn Center and Fridley, Minnesota. JLL worked on behalf of the sponsors, a joint venture partnership between Capital Partners and Eagle Realty Group, to secur ...

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30.10.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL secures $869M to refinance a 25-asset national Class A bulk industrial portfolio

DALLAS, Oct. 27, 2023 - JLL 's Capital Markets group announced today that it arranged a total of $869 million in financing for a 25-property bulk industrial portfolio totaling 11.4 million square feet in 13 major industrial markets across the U.S. JLL worked on behalf of the borrower to secure fixed-rate loans from Northwestern Mutual and PGIM Real Estate. The team secured two ...

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27.10.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Joint venture equity arranged for a multi-use industrial portfolio in New Jersey and Pennsylvania

MORRISTOWN, N.J., Oct. 26, 2023 - JLL Capital Markets announced today that it arranged joint venture equity on behalf of Denholtz Properties for the recap of a portfolio of 16 light-industrial buildings (the "Portfolio") in New Jersey and Pennsylvania. The JLL Capital Markets Investment Advisory team was led by Managing Directors Marc Duval and Jordan Avanzato, Direc ...

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26.10.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Class A industrial building, Freeport Business Centre, trades in South San Antonio

SAN ANTONIO, Oct. 26, 2023 - JLL Capital Markets announced today that it closed the sale of Freeport Business Centre, an industrial warehouse totaling 198,000 square feet in the thriving South submarket of San Antonio, Texas. JLL represented the seller, Becknell Industrial, in the sale to Harbor Capital, the buyer, represented by Avison Young. Freeport Business Centre, built i ...

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26.10.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$28M refinancing secured for a newly built senior living community in Spring, Texas

ORANGE COUNTY, Oct. 25, 2023 - JLL Capital Markets announced today that it arranged $28 million senior mortgage for The Landing at Augusta Woods, a 148-unit senior housing community in Spring, Texas. JLL represented, Harmony Communities, to secure the four-year, fixed to floating rate loan from a Life Insurance Company to refinance an existing construction loan and fund additi ...

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25.10.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Sale of a newly constructed, Class A industrial facility closes in South Dallas

DALLAS, Oct. 25, 2023 - JLL Capital Markets announced today that it represented the seller in the sale of Southfield Park 35 - Building 5, an industrial facility totalling 489,310 square feet in DeSoto, Texas. The property, developed by Seefried Industrial Properties and Affinius Capital, delivered in September 2022. Situated on 33.91 acres, the best-in-class asset features 40 ...

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25.10.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$4M in acquisition financing secured for short-term rental building in Savannah

SAN FRANCISCO, Oct. 25, 2023 - JLL Capital Markets announced today that it arranged $4 million in acquisition financing for Alice Hall, a 14-unit apartment building with plans to be converted into a short-term rental in Savannah, Georgia JLL represented the borrower, The AltAccom Group, and secured the three-year loan with two one-year extensions from the lender. Alice Hall is ...

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25.10.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Sale of newly constructed multi-housing community near Adidas Headquarters in North Portland closes

PORTALND, Oct. 24, 2023 - JLL Capital Markets announced that it has closed on the sale of The Perch PDX, a 141-unit, newly constructed, luxury, transit-oriented multi-housing community located in the highly sought-after Overlook neighborhood of North Portland, Oregon. JLL represented the seller, Fairfield, and procured the buyer, Green Leaf Capital Partners. Built in 2020, The ...

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24.10.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Modular data centers provide answer to current customer supply challenges

CHICAGO, Oct. 24, 2023 - JLL announced today it is working with Lumen Technologies and Schneider Electric to deliver ready-to-use modular data center solutions across the U.S. that prioritizes quick deployment, adaptability and scalability. Lumen Technologies' global network powers everything from metro connectivity to long-haul data transport and Edge cloud, security and mana ...

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24.10.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Financing secured for Dallas life sciences / lab redevelopment project

DALLAS, Oct. 23, 2023 - JLL Capital Markets announced today that it has arranged financing for the redevelopment of Bridge Labs at Pegasus Park, a 135,000-square-foot life sciences / lab facility in Dallas, Texas. JLL worked on behalf of the borrower, Montgomery Street Partners, J. Small Investments and an affiliate of Lyda Hill Philanthropies, to secure a five-year constructi ...

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23.10.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL Value and Risk Advisory grows presence in key gateway markets

NEW YORK, Oct. 19, 2023 - JLL's Value and Risk Advisory platform announced today that it has hired two multi-housing experts in key gateway markets. Kieran Miller, MAI, joined the firm as a Senior Director in New York City and Justin Perkins has joined as a Director in Los Angeles. Miller and Perkins will focus on multi-housing value and risk advisory assignments and will repo ...

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19.10.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL Capital Markets closes sale of Philadelphia-area specialty office property

PHILADELPHIA, Oct. 19, 2023 - JLL Capital Markets announced today that it has completed the sale of 1400 Union Meeting Road, a 199,532-square-foot, two-story office building in Blue Bell, Pennsylvania. JLL represented the seller, Bridge Investment Group, and procured the buyer, a foreign private investor. 1400 Union Meeting is positioned on 18.6 acres in the heart of Montgomer ...

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19.10.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JV equity arranged for a proposed Class A industrial warehouse in Morris County

MORRISTOWN, Oct. 19, 2023 - JLL Capital Markets announced today that it arranged joint venture equity for 12-18 Vanderhoof, a proposed industrial facility totalling 119,250 square feet in Denville, Morris County, New Jersey. JLL operated on behalf of the new development sponsor, Cervenka Development Partners, to arrange the joint venture equity partnership with a global invest ...

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19.10.2023