United States, Jan. 29 -- JLL Capital Markets announced it has facilitated a joint venture partnership and secured $54 million in construction financing for Turnpike 5 Logistics Park, a two-building, 528,478-square-foot speculative industrial development, strategically located at Exit 5 of the New Jersey Turnpike in Burlington County, New Jersey.JLL arranged the full stack capitalization for the development with a joint venture between NFI Real Estate and Penwood Real Estate Investment Management LLC, while securing a construction loan with Fifth Third Bancorp.The strategic partnership combines NFI's extensive operational expertise as a leading third-party logistics company with Penwood's institutional, yet entrepreneurial, investment manag...