JONES LANG LASALLE INCORPORATED

(JLL)
  Report
Delayed Nyse  -  04:00 2022-08-12 pm EDT
186.23 USD   +2.08%
08/12JONES LANG LASALLE INCORPORATED : $9.8M in financing secured for Jersey City multi-housing development
PU
08/12JONES LANG LASALLE INCORPORATED : Sale of multi-housing community in Arizona closes
PU
08/12JONES LANG LASALLE INCORPORATED : $47M in financing secured for multi-housing development in Philadelphia suburb
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Jones Lang LaSalle Incorporated : $36.465M financing lined up for the Original Rainer Brewery in Seattle

06/23/2022 | 03:46am EDT

SEATTLE, June 21, 2022 -JLL Capital Markets announced today that it has arranged $36.465 million in financing for the Original Rainier Brewery, a four-building industrial/office/retail portfolio totaling 193,908 square feet in Seattle, Washington.

JLL worked on behalf of the borrower, ScanlanKemperBard to secure the bridge financing through an investment banks' balance sheet lending platform. The floating-rate loan has a three-year initial term with two one-year extensions.

Originally built as a brewery for Rainier Beer in the early 1900's, the property has been converted into a creative industrial maker space, creative office and food processing/storefront complex comprising four separate buildings: the Bottling Plant, the Malt House, the Warehouse and the General Office. The buildings feature abundant natural light, exposed brick, original flooring, historic detailing and unique layouts that differentiate each suite. The property has a diverse rent roll of 39 tenants spanning various industries, including architecture, outdoor clothing manufacturers, custom woodworking, wine storage, wholesale showrooms and more.

The Original Rainier Brewery occupies a 6.5-acre site at 5624-6004 Airport Way S. in one of Seattle's oldest neighborhoods, the Georgetown submarket. This area has a plentiful amenity base of restaurants and retail amenities and is close to several notable multinational national companies. In addition, the Original Rainier Brewery has tremendous transit access being under one mile from Interstate 5 and just 1.2 miles from Highway 99. In addition, the property is about four miles south of Seattle's Central Business District and approximately 10 miles from the Seattle-Tacoma International Airport.

The JLL Capital Markets team representing the borrower was led by Senior Managing Director Tom Wilson and Director Zachary Kersten.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers best-in-class solutions for clients - whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources on JLL, please visit our newsroom.

Disclaimer

Jones Lang LaSalle Inc. published this content on 21 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 June 2022 07:44:10 UTC.


© Publicnow 2022
All news about JONES LANG LASALLE INCORPORATED
08/12JONES LANG LASALLE INCORPORATED : $9.8M in financing secured for Jersey City multi-housing..
PU
08/12JONES LANG LASALLE INCORPORATED : Sale of multi-housing community in Arizona closes
PU
08/12JONES LANG LASALLE INCORPORATED : $47M in financing secured for multi-housing development ..
PU
08/12JONES LANG LASALLE INCORPORATED : Detroit-area retail center sells for $45M
PU
08/12JONES LANG LASALLE INCORPORATED : Investor purchases open-air retail center in Indiana
PU
08/12JONES LANG LASALLE INCORPORATED : $32M refinancing secured for Class A office buildings in..
PU
08/12JONES LANG LASALLE INCORPORATED : Medical office building in northern New Jersey trades
PU
08/10JONES LANG LASALLE INCORPORATED : $19M in financing secured for New Jersey multi-housing c..
PU
08/10JONES LANG LASALLE INCORPORATED : EQT Exeter acquires an eight-property, Class A industria..
PU
08/10JONES LANG LASALLE INCORPORATED : $71.55M in financing secured for Chicago-area multi-hous..
PU
More news
Analyst Recommendations on JONES LANG LASALLE INCORPORATED
More recommendations
Financials (USD)
Sales 2022 10 193 M - -
Net income 2022 891 M - -
Net Debt 2022 1 038 M - -
P/E ratio 2022 10,5x
Yield 2022 -
Capitalization 8 924 M 8 924 M -
EV / Sales 2022 0,98x
EV / Sales 2023 0,96x
Nbr of Employees 98 200
Free-Float 92,0%
Chart JONES LANG LASALLE INCORPORATED
Duration : Period :
Jones Lang LaSalle Incorporated Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends JONES LANG LASALLE INCORPORATED
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 8
Last Close Price 186,23 $
Average target price 261,86 $
Spread / Average Target 40,6%
EPS Revisions
Managers and Directors
Christian Ulbrich President, Chief Executive Officer & Director
Karen Brennan Chief Financial & Investment Officer
Siddharth N. Mehta Chairman
Allan Frazier Global Chief Information Officer
Benjamin Breslau Chief Research Officer
Sector and Competitors
1st jan.Capi. (M$)
JONES LANG LASALLE INCORPORATED-30.86%8 924
CBRE GROUP, INC.-19.46%26 827
KE HOLDINGS INC.-18.39%19 042
CAPITALAND INVESTMENT LIMITED13.49%14 660
ZILLOW GROUP, INC.-36.24%9 293
FIRSTSERVICE CORPORATION-30.69%5 970