JLL Secures $54.7M Acquisition Financing for SparrowHawk-Almanac Industrial Portfolio

Reuters

Jan 08

JLL Secures $54.7M Acquisition Financing for SparrowHawk-Almanac Industrial Portfolio

Jones Lang LaSalle Inc. $(JLL)$ has arranged $54.7 million in acquisition financing for a joint venture between SparrowHawk Real Estate Strategists and Almanac Realty Investors. The financing supports the purchase of a two-property industrial portfolio in the St. Louis and Kansas City metropolitan areas, totaling 1.13 million square feet of Class A distribution space. JLL secured a fixed-rate, five-year loan from a top tier mutual life insurance company. This transaction marks the first acquisition under a $300 million capital commitment, aimed at expanding the joint venture's industrial portfolio across the Midwest.

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 January 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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