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Stock impact report

JLL secures $357.8M acquisition financing for industrial portfolio [Yahoo! Finance]

Jones Lang LaSalle Incorporated (JLL) 
Last jones lang lasalle incorporated earnings: 2/11 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.jll.com
Company Research Source: Yahoo! Finance
MIAMI Dec. 18, 2024 /PRNewswire/ -- JLL 's Capital Markets group announced today that it has arranged $357.8 million in acquisition financing for MDH F3 Arctic Portfolio, a 5.5-million-square-foot, 100% leased industrial portfolio located in South Carolina Pennsylvania Illinois and Texas (PRNewsfoto/JLL-IR) JLL represented the borrower, MDH Partners, to secure the loan through Wells Fargo Bank, N.A. and Capital One, N.A. via a balance sheet execution. The portfolio includes eight assets across 12 state-of-the-art buildings, ranging from 140,300 to 1,034,200 square feet, with an average clear height of 34 feet. The properties feature ample dock doors, trailer parking and car parking to accommodate high-volume distribution operations. Tenants are all strongly credit-rated, national household brands, and represent a diverse mix of industries including automotive, e-commerce, food and beverage and home goods. The portfolio spans key metros including Houston, Texas Austin, Texas C Show less Read more
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