JLL

  • Concourse at Westway

    Houston-Based Griffin Partners Acquires Concourse at Westway

    January 15, 2020 – JLL Capital Markets and Griffin Partners Inc. announce today that they have closed the sale of Concourse at Westway, a Class B, 130,223-square-foot, value-add office building in West Belt submarket of Houston, Texas. JLL marketed the property on behalf of the seller, EverWest. Houston-based Griffin...
  • Kallisto

    Gelt, Inc. Acquires Kallisto at Bear Creek, a 472-Unit Apartment Property in Lakewood, CO, for $145.5 Million

    January 17, 2020 – Gelt, Inc., a Los Angeles-based real estate investment and asset management firm, is pleased to announce it has significantly expanded its Denver region apartment portfolio with the $145.5 million acquisition of Kallisto at Bear Creek. Located at 2605 S. Miller Drive in the Bear Creek...
  • Ainsworth Circle

    Portland Distribution Warehouse Sold for $16.2M

    January 17, 2020– JLL Capital Markets announced that it has closed the $16.2 million sale of a 126,303-square-foot distribution warehouse building triple net leased to Johnstone Supply at 11632 NE Ainsworth Circle in Portland, Oregon. JLL marketed the property on behalf of the seller, Stockbridge. 11632 NE Ainsworth Circle...
  • Santa Barbara Public Market

    JLL Named to Market Santa Barbara Public Market

    January 14, 2020 – JLL Capital Markets announced today that it has been selected by Urban Developments to market for sale Santa Barbara Public Market, a 19,867-square-foot, LEED Certified, state-of-the-art artisanal food hall in Santa Barbara’s historic downtown district. Completed in April of 2014, Santa Barbara Public Market comprises...
  • Mount Laurel Office Center

    Investor Acquires The Mount Laurel Office Center in Southern New Jersey

    January 14, 2020 – JLL Capital Markets announced today that it has closed the $11.05 million sale of The Mount Laurel Office Center, an 83,216-square-foot office portfolio located at 530, 532, and 534 Fellowship Road in Mount Laurel, New Jersey. JLL represented the seller, Pennmark Properties, and procured the...
  • Greg Brown

    Greg Brown Named to Co-Lead JLL Capital Markets in Orange County

    January 14, 2020 – JLL announced today that Senior Managing Director Greg Brown has been appointed to co-head JLL Capital Markets in its Orange County office. Mr. Brown will lead the Orange County debt and equity placement business alongside Senior Managing Director Sean Deasy, who will continue to oversee...
  • Hilton Hotel San Jose

    Hilton San Jose Hotel Sold for $117.55M

    January 13, 2020 – JLL Hotels & Hospitality announced today that it has closed the $117.55 million sale of the 353-room Hilton San Jose in downtown San Jose on behalf of the seller, Han’s Holdings Group Ltd. Senior Managing Director John Strauss and Executive Vice President Mark Fraioli led...
  • Grocery-Anchored Retail Center Sold in Central New Jersey

    January 13, 2020 – JLL Capital Markets announced today that it has closed the $32.3 million sale of Concordia Shopping Center, a 135,090-square-foot, Stop & Shop-anchored neighborhood shopping center in the central New Jersey community of Monroe Township. JLL marketed the property on behalf of the seller, Concordia Shopping...
  • Westlake Plaza

    Newport Capital Partners Sells Westlake Plaza in Chicago

    January 13, 2020 – JLL Capital Markets announced today that it has closed the sale of Westlake Plaza, a 42,018-square-foot, internet-resistant neighborhood shopping center in Chicago’s affluent Northshore community of Wilmette, Illinois. JLL represented the seller, Chicago-based Newport Capital Partners. A private real estate fund advised by Crow Holdings...
  • 45-18 Court Square

    Long Island City life science project receives $156M in financing

    January 9, 2020 – JLL Capital Markets announced today that it has arranged $156 million in construction financing for the adaptive re-use of 45-18 Court Square into a Class A, state-of-the-art life science building in the Long Island City neighborhood of Queens, New York. JLL worked on behalf of...
  • Crowne Plaza Portland

    Crowne Plaza Portland-Lake Oswego sold to BHG Hotels

    January 9, 2020 – JLL announced today that it has closed the sale of and arranged acquisition financing for the Crowne Plaza Portland-Lake Oswego, a 161-room, full-service hotel in the Portland-area community of Lake Oswego, Oregon. JLL Hotels & Hospitality marketed the property on behalf of the seller. BHG...
  • Taxi-III

    Denver Creative Office Project Receives $27M Refinancing

    January 9, 2020 – JLL Capital Markets announced today that it has arranged a $27 million refinancing for TAXI III, a two-building, Class A creative office project totaling 91,775 square feet in the RiNo neighborhood of Denver, Colorado. JLL worked on behalf of the borrower, Zeppelin Development, to secure...
  • Harms Road Industrial Park

    Five-Building Industrial Park in Houston Trades Hands

    January 9, 2020 – JLL Capital Markets announces that it has closed the sale of Harms Road Business Park, a five-building industrial park totaling 124,000 square feet in Houston’s highly sought-after Northwest Industrial submarket. JLL marketed the property along with NAI Partners on behalf of the seller, United Equities,...
  • The Jax

    Casoro Group Secures $35.5M Financing for The Jax

    January 8, 2020 – JLL Capital Markets announced today that it has arranged $35.5 million in financing for The Jax, a 322-unit multi-housing property in Northwest San Antonio. JLL worked on behalf of the borrower, Casoro Group, to secure the five-year, floating-rate acquisition loan through Nexbank. The Jax is...
  • 201 N Charles

    Hubris Capital purchases Baltimore office properties for $29.228M

    January 7, 2020 – JLL Capital Markets announced today that it has closed the sale of 100 South Charles-Tower II and 201 North Charles, two office properties totaling $29.228 million in Downtown Baltimore, Maryland. JLL represented both sellers in separate transactions. An investor led by Dallas-based Hubris Capital purchased...
  • Umbrella Factory Brooklyn

    JLL Arranges $63.6M Refinancing for The Umbrella Factory in Brooklyn

    January 7, 2020 – JLL Capital Markets arranged a $63.6 million loan to refinance The Umbrella Factory at 722 Metropolitan Avenue, a mixed-use condominium and retail development in the Williamsburg neighborhood of Brooklyn, New York. The group worked on behalf of Local Capital Group LLC and SL Development LLC...
  • Wawa Fort Lauderdale

    JLL closes $7.28M sale of Fort Lauderdale Wawa

    January 2, 2020 – JLL Capital Markets announced today that it has closed the $7.28 million sale of a 1.7-acre, single-tenant parcel that is ground leased to Wawa in Fort Lauderdale, Florida. JLL marketed the property on behalf of the seller, Northbridge Investment Management. Promociones 96 Inc purchased the...
  • Bloomington-Logistics-Center

    Bloomington Logistics Center Sells for $100.5M in Inland Empire

    December 20, 2019 – JLL announced that it has closed the $100.5 million sale of Bloomington Logistics Center, a 677,383-square-foot, fully leased, state-of-the-art, cross-dock warehouse/distribution building in the Inland Empire community of Bloomington, California. JLL marketed the property on behalf of the seller, Crow Holdings Industrial (CHI), the industrial...
  • EON Flagler

    JLL arranges $127.5M financing for EON at Flagler Village

    December 23, 2019 – JLL announced today that it has arranged $127.5 million in financing for EON at Flagler Village developed by Alta Developers, a two-phase multi-housing community in one of Fort Lauderdale’s most vibrant neighborhoods. JLL worked on behalf of the borrower, Alta Developers, to secure the three-year,...
  • Fairmont Shopping Center

    JLL arranges $19.6M acquisition loan for Bay Area retail center

    December 20, 2019 – JLL announced today that it has arranged $19.6 million in acquisition financing for Fairmont Shopping Center, a 102,982-square-foot, coastal, shopping center anchored by Safeway in the San Francisco Bay Area community of Pacifica, California. JLL worked on behalf of the borrower, GRI Fairmont, LLC, an...
  • 90 North

    Preylock Holdings Acquires Office Park in Bellevue, Washington

    December 19, 2019 – JLL announced today that it has completed the $117 million sale of 90 North, a four-building office park that is fully leased to four tenants, including MindTree, in Bellevue, Washington. JLL represented the buyer, Preylock Holdings, in the sale of the property from Talon Private...
  • Gravois Place

    Fully Leased St. Louis-Area Neighborhood Retail Center Sold

    December 19, 2019 – JLL announced today that it has closed the sale of Gravois Place, an 86,931-square-foot, fully leased Gold’s Gym-anchored retail center in the suburban St. Louis community of Fenton, Missouri. JLL marketed the property on behalf of the seller, RBR Real Estate Holdings, LLC. Mark Sher,...
  • 17708 Rowland

    Newegg Completes $38.5M Sale-Leaseback of Industrial Property

    December 18, 2019 – JLL announced today that it has closed the $38.5 million sale-leaseback of 17708 Rowland Street, a 181,730-square-foot industrial warehouse property in an infill location near Los Angeles in the City of Industry, California. JLL marketed the property on behalf of the seller, Newegg Inc., a...
  • Skyline Towers

    Equity Residential Sells Skyline Towers in Virginia

    December 18, 2019 – JLL announced today the closing of the sale of Skyline Towers, a 939-unit, high-rise apartment community located in Falls Church, Virginia. JLL marketed the property on behalf of the seller, Equity Residential, and procured the buyer. Skyline Towers, which is located in an opportunity zone,...
  • Grand Bay Plaza

    Phillips Edison Sells Grand Bay Plaza in Florida

    December 18, 2019 – JLL announced today that it has closed the sale of and arranged acquisition financing for Grand Bay Plaza, a 77,810-square-foot, Publix-anchored neighborhood shopping center in the southwest Florida community of Fort Myers. JLL marketed the property on behalf of the seller, Phillips Edison & Company,...
  • Boca Garden Apartments

    Boca ATC Acquires 144-unit Apartment Portfolio in Boca Raton

    December 17, 2019 – JLL announced today it has arranged $17.78 million in acquisition financing for a 144-unit, garden-style, scattered-site apartment portfolio in Boca Raton, Florida. Working exclusively on behalf of Boca ATC, JLL placed the 10-year, fixed-rate loan with Freddie Mac. The loan, which funded Boca ATC’s acquisition...
  • Tradition At Stonewater

    Banner Real Estate Group Sells Tradition at Stonewater Apartments in North Carolina

    December 17, 2019 – JLL announced today that it has closed the sale of Tradition at Stonewater, a 351-unit, suburban, garden-style apartment community in Cary, North Carolina. JLL marketed the property on behalf of the seller, an affiliate of Banner Real Estate Group, and procured the buyer, Goldman Sachs...
  • 1505 South Pavilion Center

    Red Rock Resorts Inc Headquarters Sold for $57M

    December 17, 2019 – JLL announced today that it has closed the $57 million, or $411 per square foot, sale of 1505 South Pavilion Center Drive, a 138,558-square-foot, single-tenant, Class A office property that serves as the trophy headquarters for Red Rock Resorts, Inc. in Las Vegas, Nevada. JLL...
  • IRET Portfolio

    IRET Sells 970-Unit Midwest Multi-Housing Portfolio

    December 16, 2019 – JLL announced today that it has closed the sale of a 10-property, 970-unit multi-housing portfolio located in the Midwestern communities of Sioux Falls, South Dakota, and Sioux City, Iowa, on behalf of IRET for a total of $78 million. JLL marketed the portfolio exclusively on...
  • Terra Murrayhill

    Terra Murrayhill Apartment Community Sells for $34.1M in Beaverton, Oregon

    December 16, 2019– JLL announced today that it has closed the $34.1 million sale of Terra Murrayhill, a 137-unit, garden-style apartment community located in Beaverton, Oregon. JLL marketed the property on behalf of the seller, a West Coast-based investor, and procured the buyer, DB Capital Management. Terra Murrayhill is...
  • Eastridge Estates

    JLL Closes $11.25M Sale, $14.4M Financing of Minnesota Apartments

    December 13, 2019– JLL announced today that it has closed the $11.25 million sale and $14.4 million financing of Eastridge Estates, a 126-unit apartment community in Rochester, Minnesota. JLL marketed the property exclusively on behalf of the seller, Eastridge Associates, and procured the buyer, Vitus. Additionally, JLL worked on...
  • Pierside North

    JLL Arranges $50M Financing for Pierside

    December 12, 2019 – JLL announced today that it has arranged $50 million in financing for Pierside, a two-building, mixed-use property with 176 residential units and approximately 17,000 square feet of retail space in the coastal Southern California community of Oceanside. JLL worked on behalf of the borrower to...
  • Infinity Shore Club

    Vibrant Cities Secures Capital for Seattle Luxury Waterfront Residential Project

    December 12, 2019 – JLL announced today that it has raised capital totaling $43.5 million for the development of Infinity Shore Club Residences, a 40-unit, luxury, for-sale residential project in the desirable Alki Beach neighborhood of Seattle, Washington. JLL worked on behalf of the developer, Vibrant Cities, to secure...
  • Simpkins Group Sells Healthcare Portfolio in Texas

    December 12, 2019 – JLL announced today that it has closed the sale of two recently completed healthcare facilities totaling 35,000 square feet in the Central Texas cities of Austin and San Antonio, Texas. JLL represented the seller, an affiliate of Houston-based Simpkins Group. The buyer is an affiliate...
  • 80th Street Residence

    JLL secures $47.5M loan for 80th Street Residence on the Upper East Side

    December 11, 2019 — JLL Capital Markets experts have successfully arranged a $47.5 million loan to refinance The 80th Street Residence, an assisted living facility specializing in enhanced memory care that is located at 430 East 80th Street. The group worked on behalf of owners Wayne Kaplan and Larry...
  • Cottonwood Courtyard

    Cottonwood Courtyard Hotel Breaks Ground at New Snowbird and Alta Mountainside Village

    December 11, 2019 – JLL announced today that it has arranged construction financing for the development of Cottonwood Courtyard, 149-key, select-service hotel located within a larger development at the gateway to the Wasatch Mountains just outside of Salt Lake City in Cottonwood Heights, Utah, serving Alta, Snowbird, Solitude and...
  • Little Elm Towne Crossing

    Suburban DFW Retail Center Changes Hands

    December 9, 2019 – JLL announced today that it has closed the sale of Little Elm Towne Crossing, a 150,007-square-foot shopping center in the affluent Little Elm community on the northwest border of Frisco, Texas, which is part of the Dallas-Fort Worth MSA. JLL marketed the property on behalf...
  • 4330 Picabo Street

    JLL closes $9M sale of single-tenant office building in Albuquerque

    December 9, 2019 – JLL announced today that it has closed the $9 million sale of 4330 Picabo Street, a 76,768-square-foot, single-tenant, net-leased office building in the Albuquerque-area community of Rio Rancho, New Mexico. JLL marketed the property on behalf of the seller, North Albuquerque Office DST, and procured...
  • Gateway at Millbrae Station

    Republic Urban Properties Secures $335.6M for Bay Area Mixed Use Project

    December 9, 2019– JLL announced today that it has raised capital totaling $335.6 million for the development of Gateway at Millbrae Station, a transit-oriented, mixed-use residential and office property adjacent to the Millbrae BART and Caltrain Stations in Millbrae, California. JLL worked on behalf of the developer, Republic Urban...
  • Jupiter Business Park

    Berkeley Partners Sells Jupiter Business Park in Plano, Texas

    December 4, 2019 – JLL announced today that it has closed the sale of and arranged acquisition financing for Jupiter Business Park, a five-building light industrial park totaling 141,200 square feet in the suburban Dallas community of Plano, Texas. JLL marketed the property on behalf of the seller, Berkeley...
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