JLL advises Nuveen on $445.5 million acquisition of 13-property Western US retail portfolio
JLL•JLL advised Nuveen Real Estate on its $445.5 million acquisition of a 13-property retail portfolio spanning California, Colorado and Washington. The 1.89 million-square-foot portfolio is 93.5% leased, and U.S. Bank arranged $239 million in financing for 11 properties.
1. Portfolio details
The portfolio consists primarily of grocery-anchored shopping centers across California, Colorado and Washington. It totals 1.89 million square feet and is 93.5% leased.
2. Financing
U.S. Bank arranged $239 million in financing for 11 of the 13 properties.
