JLL Capital Markets Secures Acquisition Financing for 130 Interstate Boulevard from PGIM Real Estate

Reuters
Jan 08
JLL Capital Markets Secures Acquisition Financing for 130 Interstate Boulevard from PGIM Real Estate

JLL Capital Markets has arranged acquisition financing for WPT Capital Advisors to purchase 130 Interstate Boulevard, a 603,092-square-foot Class A industrial facility in Monroe Township, New Jersey. JLL worked on behalf of the borrower to secure a floating rate loan through PGIM Real Estate. The financing supports a value-add opportunity in a premier industrial location with strong logistics infrastructure and below-market rents. The JLL Capital Markets team was led by Senior Managing Director Jim Cadranell, Director Ryan Carroll, and Analyst Caleb Henry.

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