MADISON, N.J. — Jones Lang LaSalle (JLL) has secured $69.8 million in acquisition financing for the purchase and repositioning of 5 Giralda Farms, a 463,435-square-foot office building located in Madison. Dustin Stolly and Aaron Niedermayer of JLL arranged the loan on behalf of a partnership between Lincoln Equities Group LLC and Lakestar Properties. NorthStar Realty Finance provided the five-year, non-recourse loan. Pfizer’s animal healthcare and nutrition division previously owned and fully occupied the property. The property includes a 345-seat cafeteria, conference facilities and a 15,000-square-foot fitness center with a basketball court and locker rooms. Additionally, the property features a separate 13,000-square-foot daycare facility and a 9,200-square-foot carriage house intended for corporate functions and executive dining.
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