JLL Capital Secures $18.4M Loan For Industrial Acquisitions In Jacksonville And Naples

JLL Capital has arranged $18.4 million in financing for the acquisition of fully occupied industrial assets in Jacksonville and Naples, Florida. The properties, totaling 241,162 square feet, are part of a programmatic venture by Redfearn Capital and Angelo Gordon, with a focus on industrial acquisitions in the Southeast.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $18,400,000
• Market: Jacksonville & Naples
• Landlord: Redfearn Capital & Angelo Gordon
• Brokers: Melissa Rose, Michael DiCosimo & Mateo Bolivar - JLL

JLL Capital's involvement in the financing follows a prior arrangement of $24.4 million for a portfolio in various locations. The successful acquisition of the fully occupied industrial assets in Jacksonville and Naples further strengthens the partnership between Redfearn Capital and Angelo Gordon. The venture's focus on industrial acquisitions in the Southeast demonstrates their confidence in the region's industrial market and the potential for growth.