JLL Arranges $27.3M Acquisition Loan for Shopping Center in Metro Chicago

JLL Arranges $27.3 Million in Financing for Market Meadows in Metro Chicago

Naperville, Ill. — JLL Capital Markets has arranged $27.3 million in financing for the acquisition of Market Meadows, a 149,185-square-foot shopping center located in Naperville, approximately 28 miles west of Chicago.… The post JLL Arranges $27.3 Million in Financing for Market Meadows in Metro Chicago appeared first on Shopping Center Business.

JLL Arranges $27.3M Acquisition Loan for Shopping Center in Metro Chicago

NAPERVILLE, ILL. — JLL Capital Markets has arranged a $27.3 million acquisition loan for Market Meadows, a 149,185-square-foot, grocery-anchored shopping center in Naperville. Chris Drew, Travis Anderson, Chris Knight, Wells Waller and Merrick Evans of JLL represented the borrower, Barings, in arranging a seven-year, fixed-rate loan through Principal Asset Management. The property is 98.3 percent leased and anchored by a Jewel-Osco store that co…