JLL arranges $66.8 million refinancing for Foundry Commercial, Stockbridge’s South Florida Gateway project
JLL•Refinancing arranged for South Florida Gateway
JLL arranged $66.8 million of refinancing for South Florida Gateway, a 987,184-square-foot Class A industrial development in Stuart, Florida.
Foundry Commercial and Stockbridge Capital Group secured the floating-rate loan for the two-building project on a 66.4-acre site.
The newly delivered property was 19% leased at closing, with one tenant in the industrial manufacturing sector.



