McCraney Property Company secures $55 Million in financing for Southeast industrial portfolio
United States, April 17 -- JLL Capital Markets announced today, in partnership with McCraney Property Company, the successful arrangement of $55 million in financing for a Class A industrial portfolio totaling 665,810 square feet across Georgia, Florida and North Carolina.The financing, structured by JLL on behalf of McCraney Property Company, includes three non-recourse loans tailored to support the continued growth of McCraney's institutional-grade Southeast portfolio. The financing package includes a $25.8 million loan for 41 Logistics in Adairsville, Georgia; a $16.0 million loan for Royal Palm Logistics in Royal Palm Beach, Florida; and a $13.2 million loan for Davidson 85 in Concord, North Carolina.Developed and delivered by McCraney ...
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