JLL Secures M&T Acquisition Loan for Fully Leased Avon Industrial Property

JLL Secures M&T Acquisition Loan for Fully Leased Avon Industrial Property
JLL Secures M&T Acquisition Loan for Fully Leased Avon Industrial Property

📍 Location: Avon, Massachusetts
đź“… Date: February 2026 (Image credit: Connect CRE)

**JLL Capital Markets Secures $15.1M Loan for Avon Industrial Portfolio Acquisition**

JLL Capital Markets has successfully arranged $15.1 million in acquisition financing for a two-property industrial portfolio located in Avon, Massachusetts. The portfolio, totaling 129,380 square feet, was acquired by Vigilant Real Estate Holdings for $22.65 million.

Managing Director Amy Lousararian and Analyst Anthony Nakhle of JLL worked on behalf of Vigilant to secure a five-year, fixed-rate loan through M&T Bank.

The properties, located at 20 and 40 Ledin Drive within Avon Industrial Park, are fully leased to Waste Management—the leading provider of environmental and waste services in North America. The facilities collectively offer 15 loading docks and feature ceiling heights ranging from 17 to 32 feet, situated on a 6.56-acre parcel.

David Fowler, Managing Principal at Vigilant Real Estate Holdings, underscored the deal’s alignment with their investment strategy. “The acquisition of 20 and 40 Ledin reinforces our high conviction in credit-leased infrastructure assets in core locations,” he said. “Anchored by Waste Management under a long-term lease, the asset aligns with our focus on mission-critical uses.”

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