Saturday, December 7, 2024

JLL Capital Markets arranges $24.5 million financing for a Class A, 112,000 SF distribution center in Tampa, FL

 

 Val McWilliams

MIAMI, FL – JLL Capital Markets has secured $24.5 million in financing for a 112,000-square-foot, Amazon-leased, last-mile distribution facility

 in Tampa, FL.

 

JLL worked on behalf of the borrower, AGS TRIP Corp, to secure the fixed-rate loan through Reinsurance Group of America, Incorporated (RGA).


 Brian Gaswirth

Situated in the Southeast Hillsborough submarket of the Tampa MSA, the property benefits from its position in one of Florida's fastest-growing regions. The site offers excellent accessibility to major transportation routes, including state road 41 and I-75.

 

Jimmy Calvo
Additionally, its proximity to the Port of Tampa Bay and Tampa International Airport (TPA) provides critical logistical advantages for efficient regional distribution.

 

The JLL Debt Advisory team was spearheaded by Managing Director Brian Gaswirth, Director Jimmy Calvo and Analyst Val McWilliams.


FINANCED: 112,000-square-foot, Amazon-leased,

 last-mile distribution facility in Tampa, FL

 .

 

"The industrial fundamentals within the greater Tampa MSA have created extensive excitement from both investors and lenders," said Gaswirth. "The combination of borrower, an investment-grade Amazon lease, significant duration and Tampa's booming population growth made this a highly competitive process.”

 

For more news, videos and research resources, please visit JLL’s newsroom. 

 

 

CONTACT:

  Grace Lewis

 

 

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