High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Florida & Gulf Coast CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Florida & Gulf Coast  + South Florida  + Finance  | 
JLL arranged $26.6 million in financing for cold storage facility in Tampa, FL

JLL Arranges Financing and JV Equity for Tampa Cold Logistics

JLL Capital Markets has arranged $26.6 million in financing and $13 million in joint venture equity to develop Tampa Cold Logistics, a 108,554-square-foot cold storage facility in Tampa, FL.

JLL represented the borrower, Sansone Group, in securing the three-year, floating-rate loan through a local bank. JLL arranged the joint venture equity partnership with BentallGreenOak.

Tampa Cold Logistics will feature 45-foot clear heights, 11,666 pallet positions, -10ºF to 34ºF temperature capabilities, 17 dock doors, and a freon split cooling system.

The 7.27-acre site at 3601 East 3rd Ave. is two miles from downtown Tampa and Port Tampa Bay. It is adjacent to the CSX railway, 2.7 miles from the CSX Intermodal Tampa terminal and 11 miles from the Tampa International Airport.

The JLL Capital Markets Debt Advisory team was led by Senior Managing Director John Huguenard, Managing Directors Luis Castillo and Melissa Rose and Director Michael DiCosimo.

Read More News Stories About: JLL
Connect

Inside The Story

About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

  • ◦Financing