JLL secures $59 million refinancing for Midwest industrial portfolio
United States, March 26 -- JLL Capital Markets announced it has arranged $59 million in refinancing for a three-building industrial portfolio totaling 647,717 square feet across the Cincinnati and Chicago metropolitan areas.JLL worked on behalf of the borrower, Brennan Investment Group and Reinsurance Group of America, Incorporated, to secure the five-year loan through a regional bank.The Midwest Industrial 3-Pack comprises two Class A facilities in Fairfield, Ohio, within Cincinnati's Tri-County submarket, and one Class A property in Hoffman Estates, Illinois, positioned in Chicago's Northwest Cook County submarket.All three buildings were completed in 2023 and feature modern industrial specifications including 32-foot clear heights, LED l...
To read the full article or to get the complete feed from this publication, please
Contact Us.