DALLAS, Oct. 11, 2023 - JLL Capital Markets announced today that it arranged the financing for Four Oaks Industrial Park totaling 170,000 square feet in Schertz, Texas.
JLL worked on behalf of the borrower, Rosewood Property Company, to secure the loan from Lincoln Financial Group.
The single-building, two-tenant industrial park was delivered in 2022 and is fully occupied. The building sits on a 9.59-acre parcel and features 32 dock-high doors, two drive-in doors and 30-foot clear heights.
Located at 17670 Four Oaks Ln., Four Oaks Industrial Park is strategically situated approximately 1,300 feet from Interstate-35 and is less than a 60-minute drive to both the San Antonio and Austin metros. The region also boasts a highly accessible location that is proximate to many of Texas' major thoroughfares. This accessibility to dense population centers has led to steady demand along the I-35 corridor. This demand has also allowed the surrounding Guadalupe/Comal County submarket to become one of the best performing industrial submarkets in central Texas.
The JLL Capital Markets Debt Advisory team was led by Senior Managing Director John Brownlee and Director John Bauman.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients - whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL's newsroom.
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Jones Lang LaSalle Inc. published this content on 11 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 October 2023 14:20:39 UTC.
