JLL arranges acquisition financing and equity investment for Northern Virginia industrial portfolio
United States, Sept. 29 -- JLL Capital Markets announced today that it has arranged acquisition financing and a joint venture equity investment for the capitalization of the Dulles Corridor Shallow Bay Portfolio, a 308,656-square-foot industrial and flex portfolio comprising seven buildings in Northern Virginia.JLL worked on behalf of the sponsorship, a partnership of Lincoln Equities Group and Victoria Industrial Properties, to secure the floating-rate acquisition loan through a life insurance company. JLL Capital Markets also arranged the joint venture equity investment from InterVest Capital Partners, a global alternative investment manager, which serves as the institutional equity partner in the venture.The portfolio comprises seven sha...
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