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Chicago & Midwest  + Greater Chicagoland  + Industrial  |  September 17, 2024
Jasmine Kilman
By: Jasmine Kilman

Logistics Property Company Closes $205M Loan with PGIM Real Estate

Logistics Property Company, LLC, a Chicago-based logistics real estate developer, closed a $205 million permanent loan with PGIM Real Estate. The loan included five projects within the firm’s first develop-to-core fund, LPC Logistics Venture One, LP. The five projects, totaling nearly 2.7 million square feet across seven buildings, in three key markets:

“We are very pleased with the structure and execution of this refinancing with PGIM Real Estate, and grateful for their continued support of our platform,” said Katherine Bernstein, Senior Vice President, Capital Markets for Logistics Property Company. “We are continually impressed with their ease of execution and focus on growing relationships with organizations such as ours.”

Read More News Stories About: PGIM
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Logistics Property Co.PGIM Real Estate

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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