JLL SECURES $70M REFINANCING FOR STONEGATE

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OKLAHOMA CITY, OKLA., AND BIRMINGHAM, ALA. — On behalf of Stonegate Real Estate Investments, Jones Lang LaSalle (JLL) secured $70 million for the refinancing of two Class A office properties in Oklahoma City and Birmingham. The properties include the 298,510-square-foot Quail Springs Parkway Plaza in Oklahoma City and the four-building, 4,000-acre mixed-use Urban Center Office Portfolio in Birmingham. Wells Fargo provided the two 10-year, fixed-rate senior mortgage notes. Tom Melody of Jones Lang LaSalle’s Houston office led the Jones Lang LaSalle team.

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