JLL Arranges $176M Loan for Seagis Property Group’s Six-Property Industrial Portfolio

Reuters
2025/12/22
JLL Arranges $176M Loan for Seagis Property Group’s Six-Property Industrial Portfolio

Jones Lang LaSalle Inc. $(JLL)$ has arranged $176 million in permanent financing for Seagis Property Group LP to refinance a six-property industrial portfolio totaling 1.22 million square feet across Northern New Jersey and South Florida. The eight-year, fixed-rate loan was secured through Nationwide, with JLL exclusively representing Seagis Property Group. The portfolio is 96% occupied, with the four largest tenants accounting for 81% of occupancy. The properties are located in prime logistics markets, benefitting from strong transportation infrastructure and tenant diversification.

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 December 22, 2025, and is solely responsible for the information contained therein.

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