$184.2M Financing Secured For Seagis East Coast Industrial Portfolios

JLL: Seagis nabs $184 million in financing for New Jersey, Florida industrial portfolio – Real Estate NJ

A portfolio owned by Seagis Property Group includes a combined 1.5 million square feet of industrial space in New Jersey’s Meadowlands and Ports submarkets and Miami-Dade County in Florida. — Courtesy: JLL By Joshua Burd Seagis Property Group has closed on more than $184 million in financing for a combined 1.5 million square feet of industrial space in New Jersey and South Florida. According to JLL, which sourced the debt, the properties include…

Seagis secures $184M refi for East Coast industrial portfolios

JLL Capital Markets secured $184.2 million in financing on behalf of Seagis Property Group for properties concentrated in the northern New Jersey and Miami-Dade County markets along the East Coast. JLL announced securing the separate loans for the borrower April 15. The funding includes $87.7 million for the Florida package and $96.5 million for the North Jersey portfolio. The Garden State collection comprises six industrial assets totaling 773,…

JLL Capital secures $184.2 million in financing for N.J., Florida properties

Chicago-based JLL Capital Markets said Tuesday that it has arranged $184.2 million in financing for two fully leased industrial portfolios totaling 1.5 million square feet in northern New Jersey and Miami-Dade County, Florida. JLL arranged the financing for the borrower, Seagis Property Group, to secure separate loans via a life insurance company: $96.5 million for the northern New Jersey portfolio and $87.7 million for the Miami-Dade County pro…

$184.2M Financing Secured For Seagis East Coast Industrial Portfolios

MORRISTOWN, N.J., Apr. 15, 2025 –  JLL Capital Markets announced today that it has arranged $184.2 million in financing for two industrial portfolios totalling 1.5 million square feet across Miami-Dade County, Florida and Northern New Jersey. JLL worked on behalf of the borrower, Seagis Property Group, to secure two separate loans through a life insurance company: $87.7 million for the Miami-Dade County portfolio and $96.5 million for the Northe…