JLL’s Capital Markets division successfully arranged $869 million in financing for a 25-property bulk industrial portfolio spanning 11.4 million square feet across 13 major U.S. markets. Led by Senior Managing Director John Rose, Associate Ryan Pollack, and Analyst Luke Rogers, the JLL Capital Markets Debt Advisory team secured fixed-rate loans from Northwestern Mutual and PGIM Real Estate on behalf of an undisclosed borrower.
The newly built portfolio consists of Class A institutional-quality assets fully leased to a diverse group of 42 tenants. Working closely with Kevin Westra and Bob Henning from Northwestern Mutual, as well as Paul Geyer from PGIM Real Estate, the JLL team facilitated two separate financings worth $259 million and $195 million respectively from Northwestern Mutual, along with a single loan totaling $415 million from PGIM Real Estate.
