JLL Capital Markets Secures $84 Million Financing Agreement with Truist for Logistics 16 Development in Savannah

Reuters

2025/05/20

JLL Capital Markets Secures $84 Million Financing Agreement with Truist for Logistics 16 Development in Savannah

Jones Lang LaSalle Inc. $(JLL)$ Capital Markets, in collaboration with McCraney Property Company, has successfully arranged an $84 million senior financing agreement for Phase I of the Logistics 16 at Ottawa Farms project in Savannah, Georgia. The financing, structured by JLL, involves a three-year, floating-rate loan provided by Truist. Phase I of the development, completed in 2024, features three front-load distribution centers and is currently 84.8% leased. This strategic initiative capitalizes on the robust industrial market in Savannah, offering proximity to the Georgia Port Authority and access to major Southeast markets. The JLL Capital Markets Debt Advisory team, led by Senior Managing Director Melissa Rose, played a key role in procuring this financing, underscoring JLL's expertise in delivering specialized capital solutions.

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 May 20, 2025, and is solely responsible for the information contained therein.

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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 May 20, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4079","symbol_name":"房地產服務","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250520:nNDL8w7JnS:1","article_id":"2536643562","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536643562","pubTimestamp":1747748834,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Jones Lang LaSalle Inc.  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