Jll secures $869m to refinance a 25-asset national class a bulk industrial portfolio

The 11.4 million-square-foot portfolio is fully leased and positioned in 13 key industrial markets dallas, oct. 26, 2023 /prnewswire/ -- jll's capital markets group announced today that it arranged a total of $869 million in financing for a 25-property bulk industrial portfolio totaling 11.4 million square feet in 13 major industrial markets across the u.s. jll worked on behalf of the borrower to secure fixed-rate loans from northwestern mutual and pgim real estate. the team secured two separate financings of $259 million and $195 million from northwestern mutual and a single $415 million loan from pgim real estate.
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