|
John Brownlee |
DALLAS, TX, Oct.
11, 2023 – JLL Capital Markets
announced today that it
arranged the financing for Four Oaks Industrial Park totaling 170,000 square
feet in Texas.Financial
terms were not disclosed.
JLL worked on behalf of the borrower, Rosewood
Property Company, to secure the loan from Lincoln Financial Group.
The JLL Capital Markets Debt Advisory team was led by
Senior Managing Director John Brownlee and Director John Bauman
The single-building, two-tenant industrial park was
delivered in 2022 and is fully occupied. The building sits on a 9.59-acre
parcel and features 32 dock-high doors, two drive-in doors and 30-foot clear
heights.
|
John Bauman
|
Located at 17670 Four Oaks Lane., Four Oaks Industrial
Park is strategically situated approximately 1,300 feet from Interstate-35 and
is less than a 60-minute drive to both the San Antonio and Austin metros. The region also boasts a highly accessible location
that is proximate to many of Texas’ major thoroughfares. This accessibility to
dense population centers has led to steady demand along the I-35 corridor.
This demand has also
allowed the surrounding Guadalupe/Comal County submarket to become one of the
best performing industrial submarkets in central Texas
CONTACT:
Alli Semans
PR, Hotels & Hospitality,
Capital Markets
JLL
M +1 330 329 6750
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