JLL arranges $130 Million refinancing for Sukut Real Properties' Southern California industrial portfolio
United States, Sept. 22 -- JLL Capital Markets announced it has arranged $130 million in first-lien financing for Sukut Real Properties' 21-property industrial portfolio spanning 1.1 million square feet across Southern California's most dynamic markets.JLL worked on behalf of the borrower to secure a five-year, fixed-rate loan through an insurance company.The industrial-focused portfolio features 17 industrial assets, but also includes one self-storage facility, one industrial outdoor storage property, one medical property and one flex office/industrial building. The properties span four of Southern California's premier markets: San Diego County, Orange County, Los Angeles County and the Inland Empire, with construction dates ranging from 1...
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