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JLL Facilitates $68.3M Acquisition Loan for Cold Storage Facility in Jacksonville

Summary by REBusinessOnline
JACKSONVILLE, FLA. — JLL Capital Markets has facilitated a $68.28 million loan for the acquisition of Arcadia Jacksonville, a 333,725-square-foot cold storage facility in Jacksonville. Melissa Rose, Michael Klein, Wells Waller, Nicole Barba and Preston Bacon of JLL secured the five-year, fixed-rate loan through an insurance company on behalf of the borrower, Manulife Investment Management. Completed in 2024, Arcadia Jacksonville is located withi…
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Shopping Center Business broke the news in on Thursday, April 3, 2025.
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