JLL

Charlotte Commercial Real Estate Wrap-Up – May 2020

Cousins Properties pays $85 million for parking deck. Newly built suburban HQ trades for $58.5 million. Catch up with our May list of Charlotte must-knows.

PVH Distribution Center. Image courtesy of JLL

FHR Capital Buys PVH Distribution Center

JLL Capital Markets arranged the sale of the 850,000-square-foot facility in McDonough, Ga.

New Jersey Industrial Facility Scores $20M Refi

Working on behalf of Elberon Development Group, JLL arranged the 20-year, fixed-rate loan.

Philadelphia Industrial Property Trades for $9M

The Hampshire Cos. has sold the 86,315-square-foot property to Mountain Development Corp.

EverWest Sells New Jersey Corporate Center

The two-building office campus in Berkeley Heights, N.J., last traded in 2006.

Perot Development Lands Equity, Financing for 2.4 MSF Dallas Project

With the assistance of JLL Capital Markets, the company secured Invesco Real Estate as an equity partner and obtained a construction loan for the initial phase of the industrial park.

JLL to Lease San Antonio Mixed-Use Project

Named 7600 Broadway, the development will feature nearly 53,000 square feet of office space and 216 apartments.

Regency Centers Lands Refi for Colorado Shopping Center

JLL secured the $26.7 million loan for the 159,050-square-foot shopping center in Boulder.

Natural Gas Firm Doubles Footprint at Houston Office Tower

Venture Global LNG Inc. will occupy more than 58,000 square feet at the LEED Gold-certified building within Houston Center.

Compass Self Storage Expands Miami Footprint

As part of the sale, the company assumed the existing debt on the 37,242-square-foot facility, a $5.2 million CMBS loan.