Campbell Roche |
JLL worked on behalf of the borrower, Holt Lunsford Commercial Investments, to secure a five-year loan from First United Bank.
The JLL Debt Advisory team was led by Senior Managing
Director Campbell Roche, Senior Directors Will Mogk and Tom
Weber, Associate Luke Rogers and Analyst Jordan Buck.
Totaling 451,856 square feet, the three industrial
buildings will feature rear-load configurations, 28-foot to 32-foot clear heights,
114 total dock doors, bay depths ranging from 160 feet to 280 feet, ample
parking and brand-new public road infrastructure surrounding the development.Will Mogk
Jordan Buck |
Tom Weber |
According to JLL’s Q2 Dallas-Fort Worth Industrial report, the market’s
demand from leasing activity experienced a 25.1% increase quarter-over-quarter,
totaling over 12 million square feet.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.
The firm's in-depth
local market and global investor knowledge delivers the best-in-class solutions
for clients — whether investment sales and advisory, debt advisory, equity
advisory or a recapitalization.
Luke Rogers |
The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please
visit JLL’s newsroom.
About First United Bank
Established in 1900, First United Bank has more than 85 bank, mortgage and insurance locations throughout Texas and Oklahoma.
It
is among the largest privately held community banking organizations in the U.S.
with assets of more than $16 billion. First United Bank provides a full
range of financial services including banking, mortgage, insurance, and
investment products and services, and is dedicated to inspiring and empowering
others to Spend Life Wisely®.
CONTACT:
Grace Lewis
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