JLL arranges $ construction that is 870M for South facility redevelopment

JLL arranges $ construction that is 870M for South facility redevelopment

BOSTON , Jan. 24, 2020 /PRNewswire/ — JLL Capital Markets announced today so it has arranged an $870 million construction loan for the very first stage for the Southern Station redevelopment, which comprises a 1.2 million-square-foot, 51-story mixed-use tower which is built at Boston’s Southern facility transport hub. The Southern facility redevelopment is world- >Boston’s transport hub and skyline.

JLL labored on behalf of a venture that is joint affiliates of Hines, APG Groep NV and Dune Real Estate Partners LP, to secure the mortgage aided by the kid’s Investment Fund.

Anticipated for delivery in 2024, the very first period associated with the task offer roughly 660,000 rentable square feet of course AA workplace and retail room since well as approximately 166 residential condominium units and much more than 500 parking spaces. Read More