JLL secures $213M financing for an eight-property national industrial portfolio

DALLAS, Aug. 3, 2026 – JLL Capital Markets announced today that it arranged $213 million in refinancing for a portfolio of eight Class A industrial buildings totaling 2.2 million square feet across the Chicago, Orlando, Philadelphia, Sacramento and Washington, D.C. markets. 

JLL worked on behalf of the borrower to secure a loan through PGIM Real Estate. The cross-collateralized financing featured both fixed- and floating-rate tranches to provide flexibility for the borrower.

The portfolio features highly functional, institutional-quality assets with an average clear height of 31 feet and an average year built of 2015. Properties in the portfolio include 17600 Shideler Parkway in Lathrop, California; Bent Oak Industrial Park Buildings 600, 700 and 800 in Orlando, Florida; 2485 Commerce Center in Bethlehem, Pennsylvania; Manassas Logistics Center Buildings A and B in Bristow, Virginia; and 900 Windham Parkway in Romeoville, Illinois. The portfolio is 98% leased to 12 tenants, including PODS, Freeman Expositions, Primark and US Foods.  

JLL’s Capital Markets Debt Advisory team representing the borrower was led by Senior Managing Director John Rose, Vice President Ryan Pollack, Associate Jordan Buck and Analyst Shishir Reddy, with support from Senior Managing Director Chad Orcutt, Managing Directors Robert Carey and Lucas Borges and Directors Taylor Gimian and Wells Waller. The JLL team worked closely with Mike Catalano, Campbell Schultz and Josh Horner at PGIM Real Estate to facilitate the portfolio financing.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

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

PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU), with $1.4 trillion in assets under management. PGIM offers clients deep expertise across public and private asset classes, delivering a diverse range of investment strategies and tailored solutions — including fixed income, equities, real estate and alternatives. With 1,500+ investment professionals across 40 offices in 20 countries, PGIM serves retail and institutional clients worldwide. For more information visit pgim.com.

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500^® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. 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. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.