JLL Arranges $61M Loan for Acquisition of Industrial Portfolio Across 17 Markets

by Kristin Harlow

CHICAGO — JLL Capital Markets has arranged a $61 million loan for the acquisition of a 21-property industrial portfolio across 17 markets in the Southeast, Mid-Atlantic, New England and Central U.S. The portfolio is 93 percent leased to 18 tenants with an average tenure of nearly 17 years. Matthew Schoenfeldt and Lucas Borges of Chicago-based JLL arranged the loan on behalf of the borrower, Biynah Industrial Partners. The lender and loan terms were not provided.

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