United States, May 19 -- JLL Capital Markets announced that it has completed the $69 million recapitalization of Piatt Companies' Tower Two-Sixty, which comprises a ground lease bifurcation sale of the land and financing of the leasehold improvements. Tower Two-Sixty is a trophy mixed-use asset in downtown Pittsburgh, Pennsylvania, that features 130,000 square feet of Class A+ office, 14,000 square feet of ground-floor retail, the 197-key Hilton Garden Inn and a 321-space structured parking garageJLL represented the seller, Piatt Companies, and procured the buyer for the land component, Woodbranch Investments Corp. JLL also worked on behalf of Piatt Companies to secure the leasehold financing through Dollar Bank. Tower Two-Sixty is located ...