JLL Capital Markets Secures Financing for Major 26-Acre Industrial Development in Tampa

Reuters
2025/08/06
JLL Capital Markets Secures Financing for Major 26-Acre Industrial Development in Tampa

Jones Lang LaSalle Inc. $(JLL)$ Capital Markets has successfully arranged the capitalization for a prime 26-acre industrial development site at 3600 Causeway Boulevard in Tampa. Representing developer Hazel Street Capital, JLL also secured construction financing for CIP Real Estate, the land's acquirer. The development, which began construction in late July 2025, will feature three warehouses designed for tenants seeking spaces ranging from 20,000 to 142,000 square feet. The project's strategic location, with excellent connectivity to major highways and port visibility, is anticipated to draw strong tenant interest. JLL's investment sales and advisory team, led by Cody Brais, and financing team, led by Peter Thompson, played key roles in this transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jones Lang LaSalle Inc. published the original content used to generate this news brief on August 04, 2025, and is solely responsible for the information contained therein.

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