JLL arranges $62.5 million financing for Bedford, Massachusetts advanced manufacturing campus - JLL News | RalliesJLL arranges $62.5 million financing for Bedford, Massachusetts advanced manufacturing campus
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JLL• Financing arranged for Bedford campus
- JLL arranged $62.5 million financing for 44 Middlesex Turnpike, a 23.4-acre advanced manufacturing campus in Bedford, Massachusetts.
- The borrower was a Wheelock Street Capital-Camber Development partnership; the loan was placed with Blue Light Capital.
- The site includes a new 148,458-square-foot facility, with approvals for a second phase that would lift the campus to 295,000 square feet.
- The first building was delivered in late 2024, and the property is 32% leased to Fourth Power.