JLL
JLL Secures $75M for Denver-Area JP Morgan Acquisition
The seller was Blackstone, on whose behalf JLL Capital Markets had completed the sale. Deutsche Bank provided the five-year, floating-rate loan.
Waste Management Relocates Phoenix Branch
The environmental services firm will move its local branch to Union Hills Office Plaza by the end of the year. Waste Management selected Perkins+Will to design its new location.
Henderson Pays $42M for Philly-Area Office Campus
The firm purchased a five-building office portfolio in Newtown Square, Penn., its first real estate deal, part of its new strategic growth plan.
Essendant Signs 405 KSF Lease in the Central Valley
The build-to-suit industrial lease expands the company’s local and regional fulfilment capabilities. The facility is expected to be operational by the second quarter of 2018.
CPE’s Top 5 Articles in November
Miss out on any CPE stories in November? Here are five of our most popular articles for the month, including reports on the $8 billion mall redevelopment trend and the most expensive high streets in the world.
Thor Secures 3 New Lessees in Houston
Hancock Whitney Bank, Novum Energy and Regency Centers will be tenants at 3200 Kirby, a new 186,000-square-foot Class A office building and luxury mixed-use development.
JV Sells DFW Industrial Facility
JLL represented the sellers, a joint venture between Ridgeline Property Group and Stockbridge Capital Group, and the buyer, Morgan Stanley. Eagle Park 20/35 is a recently constructed Class A distribution facility, centrally located 15 minutes from downtown Dallas.
Reno Distribution Center Changes Hands
JLL’s Capital Markets represented California State Teachers’ Retirement System and Panattoni Development Co. in the sale of a 423,001-square-foot Class A industrial property to LBA Realty.
423 KSF NV Industrial Center Changes Hands
Located at 9460 N. Virginia St. in Reno, Nev., Mary’s Gone Crackers, a Class A manufacturing and distribution center, was purchased for more than $29 million by LBA Realty. A partnership between Kidder Mathews and JLL Capital Markets represented the seller.
JLL Secures $52M Refi for Space Mart Self-Storage Portfolio
The portfolio includes eight properties in Greater Philadelphia, Pennsylvania and Richmond, Va., totaling 554,823 square feet. JLL secured the loan.