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Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL arranges $375M in financing for generational mixed-use property in San Diego

ORANGE COUNTY, August 2, 2023 - JLL announced today that it has arranged an eleven-year, non-recourse secured loan for $375 million, provided by New York Life Insurance Company and on behalf of Kilroy Realty Corporation (NYSE: KRC, "Kilroy"). One Paseo is a world-class, mixed-use campus that spans across 36 acres located in San Diego's vibrant submarket of Del Mar. T ...

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02.08.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Carlyle Group and Z+G Property Group acquires newly built luxury Williamsburg rental building for $97.5M

NEW YORK, N.Y., Aug. 2, 2023 - JLL Capital Markets announced today that it has closed the $97.5 million sale of 8 Marcy Ave., an eight-story, 123-unit luxury rental building located in Williamsburg, Brooklyn. JLL represented the seller, Prospect Development, which is led by Joel Wertzberger and Konstantin Gubareff, the property's original developer. A joint venture between The ...

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02.08.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Global investor teams up with Paragon Commercial Group to recapitalize grocery- and drug-anchored retail center in Orange County, CA

LOS ANGELES, Aug. 1, 2023 - JLL Capital Markets announced today that it has successfully assisted Paragon Commercial Group with the recapitalization of Village Center, a recently re-developed, 93,336-square-foot, neighborhood-serving, grocery- and drug-anchored center in Fountain Valley, California. Paragon recapitalized the property with Daiwa House Texas, a US subsidiary of ...

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01.08.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

JLL Capital Markets arranges the sale and financing of Courthouse Square in Alexandria, Virginia

WASHINGTON D.C., July 31, 2023 - JLL Capital Markets announced today that it arranged the sale of Courthouse Square, a 120,031-square-foot office building located in historic Old Town Alexandria, Virginia. JLL represented the seller and procured the buyer, Melrose Solomon Enterprises. JLL also arranged acquisition financing on behalf of the buyer. Located in the heart of Old T ...

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31.07.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Chris Gandy appointed to lead JLL’s Salt Lake City Capital Markets team

SALT LAKE CITY, Jul. 31, 2023 - JLL Capital Markets announced today that it has appointed Senior Managing Director Chris Gandy to lead its Salt Lake City Capital Markets team. Gandy will oversee the investment sales and debt and equity advisory platforms throughout the region and will directly report to Jody Thornton, President of JLL Capital Markets for the Americas. "We ...

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31.07.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

$34.625M refinancing arranged for West St. Paul multi-housing community

MINNEAPOLIS, July 27, 2023 - JLL Capital Markets announced today that it has arranged the $34.62 million refinancing of Savor Apartments, a 200-unit, mid-rise, market-rate multi-housing community located in West St. Paul, Minnesota. JLL worked on behalf of the borrower, Roers Companies, to secure the fixed-rate, ten-year, full-term interest only, Fannie Mae loan. The loan will ...

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27.07.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Global investor teams up with Paragon Commercial Group to recapitalize grocery- and drug-anchored retail center in Orange County, CA

LOS ANGELES, Jul. 26, 2023 - JLL Capital Markets announced today that it has successfully assisted Paragon Commercial Group with the recapitalization of Village Center, a recently re-developed, 93,336-square-foot, neighborhood-serving, grocery- and drug-anchored center in Fountain Valley, California. Paragon recapitalized the property with Daiwa House Texas, a US subsidiary of ...

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26.07.2023
Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc.

Forward Sale of Runway Distribution Center in California Completed

LOS ANGELES, July 26, 2023 - JLL Capital Markets announced today that it arranged the forward sale of Runway Distribution Center, a newly built distribution facility totalling 199,997 square feet in Otay Mesa, California. JLL represented the seller, Lincoln Property Company and a real estate fund advised by Crow Holdings Capital, and procured the buyer, an Ares Management real ...

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26.07.2023