Once completed in the spring of 2022, the project will be a state-of-the-art warehouse facility with modern features such as a 36-foot clear height and 110 dock-high doors.
The asset consists of 75,406 square feet of upscale retail and 45,068 square feet of office space.
The site is zoned for a variety of uses, including but not limited to, residential, office, retail and seniors housing.
The new, two-building logistics facility totals 317,499 square feet.
The mission-critical facility will soon house approximately 900 employees that facilitate the billing, scheduling and telemedicine services for the healthcare group.
JLL represented the seller, Ivy Realty, in the sale of the property.
The recently constructed, two-building multi-tenant industrial park totals 170,000 square feet
The 97-key boutique hotel marks the most recent acquisition for the group as part of its plans to acquire $300 million in hospitality assets across the U.S.
JLL worked on behalf of the borrower, Sterling Organization, to secure the five-year, fixed-rate loan.
JLL Capital Markets arranged the financing for the distribution, cold storage and office building
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