JLL Capital Markets Secures $57M Financing for Osprey Logistics Park in South Florida

Reuters
2025/08/12
JLL Capital Markets Secures $57M Financing for Osprey Logistics Park in South Florida

Jones Lang LaSalle Inc. $(JLL)$ Capital Markets has successfully arranged $57 million in financing for Osprey Logistics Park, a newly completed 427,515-square-foot Class A industrial park located in Broward County, Florida. Completed in 2023, the park comprises two state-of-the-art buildings with modern industrial features such as 36-foot clear heights and 180-foot truck courts. Situated on a 22.2-acre site, the park offers excellent connectivity to South Florida's major transportation routes. The financing was secured on behalf of a joint venture between Foundry Commercial and American Realty Advisors, with JLL working to obtain a floating-rate loan through Synovus. This transaction highlights the strategic infill location's potential for future growth due to its best-in-class specifications and the sponsors' extensive market expertise.

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 11, 2025, and is solely responsible for the information contained therein.

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