JLL arranges $30 Million refinancing for shallow bay industrial portfolio in Miami's Airport submarket
United States, Oct. 9 -- JLL Capital Markets announced today it arranged a $30 million refinancing for Palmetto Industrial Park, a six-building shallow bay industrial portfolio totaling 183,945 square feet in Miami's Airport submarket.JLL worked on behalf of a joint venture between East Capital Partners and ABR to secure a fixed-rate, three-year loan through a bank execution.The portfolio, located at 6801-7500 NW 77th Ave., consists of six buildings constructed between 1981 and 1982 on 7.66 acres. The front-loading industrial complex features 18-foot clear heights, 12 dock-high doors, 101 grade-level doors and 275 parking spaces.Palmetto Industrial Park sits strategically near the intersection of State Road 934 and the Palmetto Expressway, ...
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