CHICAGO, Jan. 7, 2026 –  JLL Capital Markets announced today it has arranged $54.7 million in acquisition financing for a two-property industrial portfolio spanning the St. Louis and Kansas City metropolitan areas, totaling 1.13 million square feet of Class A distribution space.

JLL worked on behalf of the borrower, a joint venture between SparrowHawk Real Estate Strategists and Almanac Realty Investors, to secure a fixed-rate, five-year loan through a top tier mutual life insurance company.

This strategic acquisition represents the first acquisition of a $300 million capital commitment, accelerating the joint venture's growth through targeted industrial acquisitions across the Midwest.

The SparrowHawk Industrial Two-Pack comprises Premier 370 DC II in St. Peters, Missouri, and Logistics Park Kansas City Building 32 in Edgerton, Kansas. The portfolio features newer vintage state-of-the-art distribution facilities, including 36-foot clear heights, extensive dock door capacity, concrete tilt-up construction and ESFR sprinkler systems.

Premier 370 DC II spans 366,916 square feet across 20.83 acres in the Premier 370 Business Park, a master-planned development less than 14 miles from Lambert-St. Louis International Airport. The 2023-built facility offers direct highway access to Interstate 70, connecting to major Midwest markets including Chicago, Indianapolis and Kansas City within a day's drive.

LPKC Building 32 encompasses 764,735 square feet on 38.70 acres within Logistics Park Kansas City, positioned approximately 1.5 miles from the BNSF Railway intermodal gate. The 2016-built distribution center provides direct access to one of the nation's largest rail networks while maintaining proximity to Interstate 35 for regional trucking connectivity.

The portfolio is fully leased to four established operators across automotive parts distribution, packaging solutions, third-party logistics and technology services, providing diversification across multiple industry verticals.

“The quality and positioning of these industrial assets, combined with JLL’s lender relationships and SparrowHawk’s expertise, drove strong financing results on this transaction,” said David Haltiner, Portfolio Manager of the Almanac Realty Securities (“ARS”) Fund Series. “We value JLL’s ability to secure attractive financing terms that support the success of these acquisitions and our continued growth in the industrial sector.”

The JLL Capital Markets was led by Senior Director Brian Walsh and Managing Director Lucas Borges, along with Senior Analysts Christian Johnston and Emma Berner.

"This financing represents an important milestone following Almanac's capital commitment to SparrowHawk, demonstrating the partnership's ability to execute on high-quality acquisition opportunities," said Walsh. "The combination of SparrowHawk's deep Midwest market expertise and Almanac's institutional backing created a compelling story for lenders, allowing us to secure competitive terms."

JLL’s Capital Markets group 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. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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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 113,000 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. 

SparrowHawk was founded by Alfredo Gutierrez in 2011. The firm is fully integrated and focused on the acquisition and management of institutional-quality industrial assets located throughout the Midwest. For more information, visit www.sparrowhawkre.com.

Almanac Realty Investors, a business unit of Neuberger, is a leading provider of growth capital to private and public real estate companies. Originally founded in 1981 under the name Rothschild Realty, Almanac Realty Investors partners with established owner-operators in all sectors of the real estate market with the goal of accelerating company growth and has committed more than $8.9 billion in capital to 59 real estate companies, both private and public, throughout North America. Neuberger is an employee-owned, private, independent investment manager founded in 1939 with 2900 employees in 26 countries. For more information, visit www.almanacrealty.com.