United States, June 5 -- JLL Capital Markets announced that it has arranged $33.5 million in refinance proceeds for the Class A single-tenant industrial building located at 15959 Piuma Ave. in Cerritos, California. Developed and owned by Karney Properties, the 178,454-square-foot facility is one of the largest and newest assets in its highly infill section of the market.JLL worked on behalf of the borrower, Karney Properties, to secure a fixed-rate loan through Nationwide.The asset serves as a distribution hub for an investment grade rated logistics company that operates across the grocery, food service, safety, retail and healthcare sectors. The building features 32-foot clear heights, ample dock-high loading and ESFR sprinklers. The site ...