JLL arranges $130M refinancing for Sukut Real Properties' Southern California industrial portfolio 

ORANGE COUNTY, Calif., Sept. 22, 2025 –  JLL Capital Markets announced today it has arranged $130 million in first-lien financing for Sukut Real Properties' 21-property industrial portfolio spanning 1.1 million square feet across Southern California's most dynamic markets.

JLL worked on behalf of the borrower to secure a five-year, fixed-rate loan through an insurance company.

The industrial-focused portfolio features 17 industrial assets, but also includes one self-storage facility, one industrial outdoor storage property, one medical property and one flex office/industrial building. The properties span four of Southern California's premier markets: San Diego County, Orange County, Los Angeles County and the Inland Empire, with construction dates ranging from 1968 to 2016.

The portfolio demonstrates exceptional stability with 98 percent occupancy, and tenants represent a wide array of industries, including automotive services, biotech, logistics, local small businesses and medical services.

The properties' prime locations offer unparalleled access to major transportation hubs, including the Ports of Los Angeles and Long Beach, international airports and extensive freeway networks. The assets benefit from their proximity to an expansive labor pool and dense population centers, supporting last-mile delivery and e-commerce operations in these high-barrier-to-entry markets.

The JLL Capital Markets team was led by Senior Managing Director Greg Brown, Associate Allie Black and Analyst Nick Englhard.

"Sukut Real Properties has assembled an exceptional collection of assets that benefit from irreplaceable locations, strong tenant relationships and significant mark-to-market opportunities," said Brown. "The portfolio's geographic and tenant diversification, combined with its proximity to major transportation infrastructure, positions it to capitalize on Southern California's continued industrial demand growth driven by e-commerce, manufacturing and logistics operations."

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom.

Jones Lang LaSalle Americas, Inc. ("JLL") is a real estate broker licensed with the California Department of Real Estate, license #01223413.

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 $23.4 billion and operations in over 80 countries around the world, our more than 112,000 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 WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

Sukut Real Properties (“SRP”) is a vertically integrated real estate investment firm that owns and operates 30+ assets in Southern California.