{"id":1004179417,"date":"2017-06-07T03:07:11","date_gmt":"2017-06-07T11:07:11","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004179417"},"modified":"2022-12-08T03:06:24","modified_gmt":"2022-12-08T11:06:24","slug":"jll-secures-22m-in-financing-for-humblewood-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/jll-secures-22m-in-financing-for-humblewood-center\/","title":{"rendered":"JLL Secures $22M in Financing for Humblewood Center"},"content":{"rendered":"

By Anca Gagiuc<\/p>\n

\"Humblewood<\/a>

Humblewood Center, Humble, Texas<\/p><\/div>\n

JLL\u2019s Capital Markets team secured $22.2 million in acquisition financing<\/a> for Humblewood Center, located in suburban Houston. Managing Director Jimmy Board and Associate Jarrod McCabe led JLL\u2019s financing team on behalf of Forge Capital Partners, the new owner. JPMorgan Chase provided the five-year, fixed-rate loan.<\/p>\n

Built in 1980, Humblewood Center is a 172,897-square-foot retail asset located at the southwest corner of U.S. Highway 59 and Farm to Market Road 1960, near Deerbrook Mall and Deerbrook Marketplace. The area is highly visible, with\u00a0129,000 cars passing by every day, while more than 123,000 people living within a five-mile radius. Notable tenants include Petco, Conn\u2019s Home Plus and Skechers.<\/p>\n

“The center sits at northeast Houston\u2019s most significant retail intersection. It\u2019s a retail hub with huge regional draw and a high-performing mix of national and regional tenants, which makes it an excellent lending opportunity,”<\/em>\u00a0Board said in a prepared statement.<\/p>\n

Image courtesy of JLL<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The 172,897-square-foot retail asset is located in a highly visible area of Humble, Texas, at the southwest corner of U.S. Highway 59 and Farm to Market Road 1960.<\/p>\n","protected":false},"author":237,"featured_media":1004179418,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21825,1589,21742,21749],"tags":[35991,32796,35274],"class_list":["post-1004179417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-finance","category-houston","category-latest","category-retail","tag-forge-capital-partners","tag-jll","tag-jpmorgan-chase"],"acf":[],"yoast_head":"\nJLL Secures $22M in Financing for Humblewood Center - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/jll-secures-22m-in-financing-for-humblewood-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JLL Secures $22M in Financing for Humblewood Center\" \/>\n<meta property=\"og:description\" content=\"The 172,897-square-foot retail asset is located in a highly visible area of Humble, Texas, at the southwest corner of U.S. Highway 59 and Farm to Market Road 1960.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/jll-secures-22m-in-financing-for-humblewood-center\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-07T11:07:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T11:06:24+00:00\" \/>\n<meta name=\"author\" content=\"Anca Gagiuc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Humblewood-Center-Humble-Texas.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jll-secures-22m-in-financing-for-humblewood-center\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/jll-secures-22m-in-financing-for-humblewood-center\/\",\"name\":\"JLL Secures $22M in Financing for Humblewood Center - 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