JLL Capital Markets arranges financing for two newly built, adjacent retail properties within the Kyle Crossing mixed-use development in Kyle, TX

 

Kaitlin Kane

AUSTIN, TX – JLL Capital Markets has arranged the acquisition financing for two, newly built, adjacent retail properties located in the Kyle Crossing mixed-use development within the Austin suburb of Kyle, Texas. Terms of the deal were not disclosed.

 

CW Sheehan

JLL worked on behalf of the borrower, Door Capital Partners.

 

The JLL Capital Markets Debt Advisory team representing the borrower was led by Senior Director CW Sheehan and Analysts Kaitlin Kane and Hunt Wood.

 

“This is another great acquisition for the Door Capital team,” said Sheehan. “Kyle is the third fastest growing city in the county, and this is an outstanding retail corridor.”

 

The Austin JLL Retail Brokerage team represented the seller.

 

The Kyle Crossing mixed-use development provides space for a variety of businesses, including retail, health and wellness, restaurants and entertainment.

 

 Hunt Wood

The two retail buildings are a part of the Kyle Crossing Phase II development and are 100-percent-occupied on a triple-net-lease basis.

 

CONTACT:

 

Jenna Sharp

JLL, Public Relations

Dallas, Texas

M +1 214 394 3356

Jenna.Sharp@jll.com