JLL Capital Markets secures financing for two industrial portfolios across six markets in Florida and North Carolina

 

Melissa Rose

MIAMI, FL – JLL Capital has arranged $18.4 million in financing for the acquisition of two, fully occupied industrial assets located in Jacksonville and Naples, Florida.

 

This financing follows a previous arrangement of $24.4 million in senior financing for a 344,532-square-foot portfolio comprising four properties among five buildings located in Clearwater, Orlando, Pompano Beach, Florida and Burlington, North Carolina, for the partnership.

Michael DiCosimo

JLL represented the partnership between Redfearn Capital and Angelo Gordon in both transactions, which has been active in industrial acquisitions throughout the Southeast as part of their programmatic venture, which has closed on 17 industrial assets to date.

 

 The JLL Capital Markets Debt Advisory team was led by Managing Director Melissa Rose, Director Michael DiCosimo and Analyst Mateo Bolivar.

Mateo Bolivar

The two industrial facilities in Jacksonville and Naples total 241,162 square feet and are fully leased to six tenants, including name-brand presence from Sherwin Williams and FedEx.

 

The assets are well-located within their respective markets. The Jacksonville property features access to I-95 within 1.1 miles, which is the primary north-south artery in the State of Florida and serves the majority of the East Coast.

 

CONTACT:

 

Alli Semans

PR, Hotels & Hospitality,

 Capital Markets

JLL
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