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August 13, 2020 Comments Off on JLL Arranges Debt, JV Equity on DFW Industrial Views: 776 Dallas-Fort Worth, Texas News

JLL Arranges Debt, JV Equity on DFW Industrial

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JLL arranged equity and construction financing and will lead leasing efforts for Intermodal Commerce Park, a to-be-built, Class A+ industrial project comprising three buildings totaling 1.4 million square feet in the Dallas-Fort Worth area community of Haslet. 
 
JLL worked on behalf of Gruene Real Estate Partners and Weber & Co. to arrange the joint venture equity partnership with a private real estate fund advised by Crow Holdings Capital and placed the five-year construction loan with First United Bank on behalf of the developer.
Additionally, JLL was selected to lead the marketing and leasing effort for the master-planned development. Construction is set to be completed in July 2021.

The JLL Capital Markets team representing the developer was led by Dustin Volz, John Rose, Stephen Bailey and Wells Waller. The JLL leasing team includes managing director George Curry, EVP Jamie Galati and VP Blake Rogers.

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