JLL arranges USD 50.5 million sale of four-property Midwest Distribution Portfolio

Jones Lang LaSalle Incorporated

Jones Lang LaSalle Incorporated

JLL

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  • Jones Lang LaSalle arranged the USD 50.5 million sale of a four-asset industrial portfolio spanning Minneapolis and Milwaukee.
  • Portfolio totals 608,316 square feet across Lino Lakes, Minnesota, Pewaukee, Wisconsin, and Milwaukee near the international airport.
  • Transaction included acquisition financing for the buyer; Biynah Industrial Partners was the seller.
  • Assets were fully occupied at closing, with nine tenants and average tenant tenure of more than 11 years.


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