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Secure $38M in Debt & Equity Financing for Casa Grande Business Park | JLL

Secure $38M in Debt & Equity Financing for Casa Grande Business Park | JLL

JLL Capital Markets arranged $15 million in joint venture equity and $23 million in financing for the development of KV Casa Grande, a 314,453-square-foot industrial business park located at the corner of Thornton Rd. and Lawrence St. in Casa Grande, Arizona. Working on behalf of borrower Kentwood Ventures, JLL secured loan funding through CrossFirst Bank and equity from Blue Vista Capital Management to finance this project which broke ground April 2023 with completion expected within one year’s time.

KV Casa Grande will feature 32-foot clear heights, 175 feet concrete truck court access points including 28 dock doors and 14 grade level doors as well as 339 parking spaces for visitors or employees alike. Strategically situated at the intersection between I-8 (San Diego), I-10 (Phoenix/Tucson/Los Angeles) & SR85 (Mexico), this pro growth community offers efficient transportation options throughout Southwest Region making it an ideal location for businesses looking to expand their reach into new markets while remaining connected to existing ones .

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