JLL arranges loan for new Houston-area retail center

Molly Leinsdorf 

HOUSTON, TX – JLL Capital Markets announced  it has arranged financing for 336 Marketplace, a recently constructed, 471,752-square-foot, grocery-anchored retail power center in the Houston-area community of Conroe, Texas.

JLL worked on behalf of the borrower, Fidelis Realty Partners, to place the 10-year, fixed-rate, non-recourse loan with The Guardian Life Insurance Company of America.

The JLL Capital Markets debt placement team was led by Senior Managing Director Colby Mueck and Analysts Molly Leinsdorf and Tolu Akindele.

 Colby Mueck 

336 Marketplace is situated on 72 acres at the southwest corner of Interstate 45 and South Loop 336 in Conroe, the fastest-growing city (among cities with more than 50,000 residents) in Montgomery County. 

The center’s location within the Grand Central Park masterplan occupies the former Camp Strake site and has more than 36,000 residents earning an average annual household income of nearly $80,000 within a three-mile radius. 

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Contact:

 Kimberly Steele

JLL Senior Associate

Public Relations

Phone: +1 713 852 3420

Email:  Kimberly.Steele@am.jll.com

 jll.com.