$577.625M SASB financing secured for LBA Logistics Value Fund VII Industrial Portfolio
JLLJones Lang LaSalle(JLL) Prnewswire·2024-10-01 02:02

JLL's Capital Markets group led the financing efforts for the 25-property, 7M SF portfolio located across 10 states CHICAGO, Sept. 30, 2024 /PRNewswire/ -- JLL'sCapital Markets group announced today it has arranged a $577.625 million CMBS single-borrower (SASB) financing for LBA Logistics Value Fund VII Industrial Portfolio. The portfolio comprises 25 industrial properties across 10 states, totaling 7,040,030 square feet. JLL worked on behalf of LBA Logistics to secure the floating-rate loan for a five-year ...