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Jll Advised New Joint Venture On Plans To Invest $2B In Multi-tenant Warehousing | Benzinga

by benzinga.com posted 3weeks ago 21 views
NEW YORK, Nov. 4, 2021 /PRNewswire/ -- JLL announced today that its affiliate Jones Lang LaSalle Securities LLC (JLLS) has advised on the formation of an $800 million joint venture and helped arrange acquisition financing on behalf of Arden Group and Arcapita Group for a portfolio of small- and medium-bay multi-tenant warehousing space across major U.S. markets. The new joint venture acquired an initial $550 million, 18-property, five-million-square-foot industrial portfolio across Atlanta, Charlotte, Columbus, Dallas, Houston, Philadelphia and Indianapolis.