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| Lauren Dow |
DALLAS, TX – JLL Capital Markets has secured financing for DFW Commerce Center Phase II & III, a three-building, 1,953,620-square-foot Class A industrial park located at Dallas-Fort Worth International Airport.
Financial details were not disclosed.
JLL represented a joint venture between Goldman Sachs
Alternatives and CLX Ventures to secure a floating-rate loan provided by an
Ares Management Real Estate fund.
Kristi Leonard
The
JLL Debt Advisory team was led by Senior Managing Director Campbell Roche,
Directors Lauren Dow and Kristi Leonard, Associate Ryan
Pollack and Analyst Campbell Swango. JLL’s Senior Managing Directors
Kurt Griffin and Nathan Orbin also lead the leasing efforts for
the industrial park.
Located at 2501, 2701 and 2801 S. Airfield Dr. in
Irving, Texas, the park is comprised of three buildings on a Dallas-Fort
Worth International Airport ground lease. The buildings are part of the second
and third phases of DFW Commerce Center.
Phases II and III cater to distribution and warehouse
users with their excellent access to SH 161, SH 183, and SH 114. Additionally,
the buildings feature clear heights ranging from 32- to 40-feet, 180- to
185-foot truck court depths and 399 total dock doors. Notably, Phases II and
III are the last developed properties on a DFW Airport ground lease with Foreign
Trade Zone capability.
Campbell Swango
JLL Capital Markets is a full-service global provider of
capital solutions for real estate investors and occupiers. 
Campbell Roche
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.
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 CLX Ventures
CLX Ventures is a real estate development and private equity investment company established by Brad Copeland and Tony Long in January 2019. Together they bring over 75 years of real estate experience to the table, providing entrepreneurial initiative to create innovative, market-leading projects focusing on industrial and multifamily developments in Texas.
Since its inception, CLX Ventures has completed over 20 new projects with
construction valued in excess of $1 billion. 
Ryan Pollack
Their investment performance track record over that time period is in excess of 30% IRR to its investors, with over 8 millions square feet of industrial and over 2300 units of multifamily developed.
About Real Estate at Goldman Sachs Alternatives
Goldman Sachs (NYSE: GS) is one of the leading investors in alternatives globally, with over $450 billion in assets and more than 30 years of experience. The business invests in the full spectrum of alternatives including private equity, growth equity, private credit, real estate, infrastructure, hedge funds and sustainability.
Clients access these solutions
through direct strategies, customized partnerships, and open-architecture
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Kurt Griffin
The business is driven by a focus on partnership and
shared success with its clients, seeking to deliver long-term investment
performance drawing on its global network and deep expertise across industries
and markets.
The alternative investments platform is part of Goldman
Sachs Asset Management, which delivers investment and advisory services across
public and private markets for the world’s leading institutions, financial
advisors and individuals. Goldman Sachs has over $2.8 trillion in assets under
supervision globally as of December 31, 2023.
Established in 1991, Real Estate at Goldman Sachs
Alternatives is one of the leading investors in real estate with over $60
billion in capital invested since 2012 across the spectrum of investment
strategies from core to opportunistic and credit. 
Nathan Orbin
The global team invests across all sectors with deep expertise across the capital structure, in assets ranging from single properties to large portfolios, through senior mortgages, mezzanine debt and equity. Follow us on LinkedIn.
CONTACT:
Grace Lewis
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