JLL arranges $77.1 Million in financing for Commerce Yards industrial development in Colorado
United States, Feb. 12 -- JLL Capital Markets announced it has arranged $77.1 million in total project financing for Commerce Yards, a 466,000-square-foot Class A industrial development located at 9401 Heinz Way in Commerce City, Colorado.JLL worked on behalf of the borrower, Lincoln Property Company, to secure the financing package, which included JV equity from a confidential partner and a construction loan from First Horizon Bank.The low-coverage warehouse project spans 46 acres and consists of three buildings ranging from 113,000 to 200,000 square feet, with 14 acres of dedicated secured yard space for outdoor storage.Commerce Yards is strategically positioned at the intersection of 96th Avenue and Heinz Way, providing direct connectivi...
To read the full article or to get the complete feed from this publication, please
Contact Us.