JLL arranges $81.6 million loan for Sudberry’s Otay River Business Park in Chula Vista
JLL•Property details and leasing status
The 369,803-square-foot industrial-retail park is fully leased across existing space; Phase IV is 70% pre-leased.
Financing arranged for Chula Vista industrial-retail park
Jones Lang LaSalle arranged $81.6 million of financing for Otay River Business Park in Chula Vista, California.
Sudberry Properties secured a floating-rate, five-year loan from a debt fund, with future funding for construction completion.
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