United States, May 20 -- JLL Capital Markets announced today, in partnership with McCraney Property Company, the successful arrangement of $84 million in senior financing for Phase I of Logistics 16 at Ottawa Farms, a 1,007,800-square-foot, Class A industrial development in Savannah, Georgia.The financing, structured by JLL on behalf of McCraney Property Company, includes a three-year, floating-rate loan through Truist.Developed and delivered by McCraney in 2024, Phase I, which is currently 84.8% leased, consists of three front-load distribution centers with 32- to 36-foot clear heights, ample dock doors and ESFR sprinklers. Over 50% of the property's NRA was pre-leased during construction, underscoring the strong local capacities of the sp...