JLL Capital Markets led the financing efforts, which was a combination of a construction loan and C-PACE financing for the redevelopment of Bridge Labs at Pegasus Park
23 October 2023
News release
23 October 2023
Financing secured for Dallas life sciences / lab redevelopment project
Categories:
Authors
Kristen Murphy
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About Montgomery Street Partners
Montgomery Street Partners is a diversified commercial real estate investment firm that invests across property types and geographies. MSP’s primary investment strategy is to pursue programmatic GP Equity Co-investments with established institutional-quality operator partners who operate within a well-defined real estate sector or theme. Additionally, MSP pursues strategic Entity and Platform Investments in real estate operating companies, as well as Limited Partner investments in individual real estate assets.
About J. Small
J. Small Investments (“JSI”) has operated for over 23 years with a mission of sourcing attractive real estate investment opportunities throughout North Texas. The company has established a well-recognized track record of success over a wide variety of real estate product types. Over its lifetime, JSI and its affiliated entities have invested in over two million of square feet of office, retail, and industrial real estate. The company currently owns and operates a diverse mix of over 50 commercial properties around the DFW area.
About Lyda Hill Philanthropies
Lyda Hill Philanthropies encompasses the charitable giving for founder Lyda Hill and includes her foundation and personal philanthropy. Their organization is committed to funding transformational advances in science and nature, empowering nonprofit organizations and improving the Texas and Colorado communities. Because Miss Hill has a fervent belief that “science is the answer” to many of life’s most challenging issues, she has chosen to donate the entirety of her estate to philanthropy and scientific research.