JLL arranges $166.8 Million financing for Cabot Properties' 10-asset industrial portfolio
United States, Nov. 11 -- JLL Capital Markets announced it has arranged $166.8 million in permanent financing for Cabot Properties' industrial portfolio comprising 10 Class A distribution facilities totaling 2,039,228 square feet across seven premier markets throughout the U.S.JLL worked on behalf of the borrower to secure a three-year, fixed-rate loan with a life insurance company.The geographically diverse portfolio provides tenants with exceptional connectivity to major transportation infrastructure. The properties feature modern specifications with an average clear height of 32 feet, weighted average vintage of 2016, generous land area, ample dock-height loading doors, deep truck courts, wide column spacing and ESFR sprinkler systems.Th...
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