JLL Secures $33.8M Loan for 428K Sq-Ft Hesperia Industrial Development [Los Angeles Times (CA)]
Jones Lang LaSalle Incorporated (JLL)
Last jones lang lasalle incorporated earnings: 2/11 07:30 am
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Source: Los Angeles Times
JLL Capital Markets has announced that it has arranged $33.8 million in first lien construction financing for 10400 Amargosa Rd., a to-be-built, Class A industrial facility in Hesperia. The Covington Group will develop the project on behalf of the owner/user Pixior Group. JLL represented the borrower in securing the five-year (inclusive of extension options), fixed-rate loan through TDA Investment Group, on behalf of its pension client. The 428,185-square-foot, single-tenant building will feature 36-foot clear heights, rear-load capabilities, an ESFR fire sprinkler system and a 100% secure truck court with space for 59 trailer stalls and 216 auto parking spaces, including EV charging capabilities. Construction is expected to be completed in 11 months on the 21.5-acre developable site. The property is strategically located at 10400 Amargosa Rd. directly along Interstate 15, within 15 miles of State Routes 18 and 395, and proximate to Southern California Logistics Airport and Ont
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JLL
Earnings
- 2/18/26 - Beat
JLL
Sec Filings
- 3/3/26 - Form 8-K
- 2/19/26 - Form 10-K
- 2/18/26 - Form 4
- JLL's page on the SEC website