JLL Arranges $155M Financing for Columbus Office Acquisition
JLL Capital Markets arranged $155 million in financing for a 400,000-square-foot corporate campus in Columbus, OH. The firm’s Paul Spellman and Phil Galligan worked on behalf of the borrower, Golden Eagle Group Inc., to secure the fixed-rate financing.
“Golden Eagle Group is proud to have acquired this Fortune 100, state-of-the-art corporate campus that was designed to today’s standards with sustainability, amenities and tech in mind,” said Abduljabar “Jabs” Totonji, CIO at Golden Eagle. “This is an important deal for us, our partners, and the city of Columbus and we are honored to be a part of it.”
Spellman added, “There was substantial interest in the financing, driven by the long-term credit cash flow for one of the premier office campuses to deliver nationally in 2022.” Further details of the transaction weren’t disclosed.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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