HOUSTON, May 16, 2023 - JLL Capital Markets announced today that it has arranged senior acquisition financing for a three-property industrial portfolio totaling 1.6 million square feet in the Carolinas and Georgia.
JLL represented the borrower, Stream Realty Partners, to secure the loan from funds managed by Apollo Global Management, Inc.
The newly delivered assets are 100% leased and situated in three of the top performing industrial submarkets in the Southeast U.S. The industrial portfolio consists of:
· Coastal Commerce Center (1514 Old Dean Forest Rd., Savannah, GA)
· Garner Business Park (1000, 1600 and 2000 Garner Business Park Dr., Garner, NC)
· Velocity II (915 Victor Hill Rd., Greer, SC)
The JLL Capital Markets Debt Advisory team who represented Stream included Colby Mueck, Warren Johnson, Travis Anderson and Jovi Rodriguez.
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 16 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 May 2023 22:33:20 UTC.
