JLL Capital Markets arranges $17.35M financing for Westland Plaza
United States, Sept. 14 -- JLL Capital Markets announced that it has arranged a $17.35 million acquisition loan for Westland Plaza, a 110K square-foot mixed-use retail and self-storage center in Hialeah, Florida.JLL worked on behalf of the borrower, Volta Global, to secure a two-year, floating-rate acquisition loan through Shelter Growth Capital Partners (SGCP). Westland Plaza was built in 1979 and renovated in 2008. The site comprises 50,000 square feet of retail across three buildings, along with a 60,000-square-foot, three-story self-storage facility. Notable tenants include Office Depot, Sherwin-Williams, Avis Budget and American Dollar Pharmacy.Located at 5301-5315 W 20th Ave, the property sits just east of the Palmetto Expressway, gra...
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