REBusinessOnline

JLL Brokers Sale of 141,200 SF Jupiter Business Park in Plano

Jupiter Business Park in Plano totals 141,200 square feet. The property was 88 percent leased at the time of sale.

PLANO, TEXAS — JLL has brokered the sale of Jupiter Business Park, a 141,200-square-foot light industrial park in the northern Dallas suburb of Plano. Built on 8.1 acres, the property was 88 percent leased at the time of sale. Stephen Bailey of JLL represented the seller, Berkeley Partners, in the transaction. Campbell Roche, Steve Heldenfels and Jarrod McCabe of JLL placed acquisition financing for the buyer, locally based investment firm MoxieBridge, through Grant Street Funding. The loan carried a five-year term and a fixed interest rate.

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