Jones Lang LaSalle Inc. - news published 2.647 - readings 44.257

BACK
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL arranges acquisition financing and JV equity for $23.5M IOS property in Sayreville, New Jersey

MORRISTOWN, N.J., Aug. 31, 2023 - JLL Capital Markets announced today that it arranged acquisition financing and joint venture equity for the acquisition of 700 Jernee Mill Rd., a 10-acre site (6.5 usable acres) positioned for trailer parking and industrial outdoor storage (IOS) in Sayreville, Middlesex County, New Jersey. JLL worked on behalf of Ridgecut Road and their partne ...

Continue reading
31.08.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$21.8M financing secured for South Carolina apartment community

MORRISTOWN, Aug. 30, 2023 - JLL Capital Markets announced today that it has arranged the $21.8 million bridge financing for Granby Oaks Apartments, a 148-unit, garden-style apartment community located in West Columbia, South Carolina. JLL represented the sponsor, PAM Associates LLC, to secure the two-year, floating-rate loan through MF1 Capital, LLC. Built in 1973, the propert ...

Continue reading
30.08.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$8.50M sale of sought-after multi-housing community in Duluth, Minnesota closes

MINNEAPOLIS, August 29, 2023 - JLL Capital Markets announced today that it has closed the $8.5 million sale of Canal Park Square, a historic mixed-use redevelopment, consisting of 29 homes and six retail bays in the Canal Park neighborhood of Duluth, Minnesota. Originally constructed in 1886, Canal Park Square went through a redevelopment in 2015 to convert the second story of ...

Continue reading
29.08.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$56.3M loan secured for Philadelphia-MSA industrial development

PHILADELPHIA, Aug. 29, 2023 - JLL Capital Markets announced today that it arranged a $56.3 million construction loan from Principal Asset Management SM for the development of Tri-State Industrial, a state-of-the-art, 525,000-square-foot, Class A industrial warehouse facility in the Philadelphia MSA in Claymont, Delaware. JLL represented the borrower, KPR Centers, LLC and PCCP, ...

Continue reading
29.08.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$68.96M in capital secured for a Minnesota multi-housing development community

MINNEAPOLIS, August 29, 2023 - JLL Capital Markets announced that it has arranged joint venture equity and construction financing, totaling $68.96 million, for Golden Triangle Station, a mid-rise multi-housing development located in the Golden Triangle neighborhood of Eden Prairie, Minnesota. JLL worked on behalf of the sponsor, Greco and Eagle Ridge Partners, to secure the $4 ...

Continue reading
29.08.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Triple-net-leased grocery store in Chicago MSA trades for $13.1M

CHICAGO, Aug. 22, 2023 - JLL Capital Markets announced today that it has closed the $13.1 million sale of a 47,732-sqaure-foot, triple-net leased Mariano's located within the Chicago MSA in Northfield, Illinois. JLL represented the Stockbridge (seller) and Swanson Development Group (buyer) in this transaction. Mariano's is a regional supermarket chain with 44 locations through ...

Continue reading
22.08.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$75M in construction financing secured for Birtcher Logistics Center Rialto

IRVINE, Aug. 22, 2023 - JLL Capital Markets announced today that it arranged $75 million in construction financing for the development of Birtcher Logistics Center Rialto, a Class-A logistics facility currently under construction totalling 492,631 square feet in Rialto, California. JLL represented the borrower, Birtcher Development LLC, and secured the non-recourse loan from t ...

Continue reading
22.08.2023