Acquisition financing arranged for Salesforce Tower
JLL Capital Markets secured the financing for the iconic Indianapolis office tower and adjacent office building
INDIANAPOLIS – Jan. 25, 2021 – JLL Capital Markets announced today that it has arranged acquisition financing for the purchase of Salesforce Tower and the Circle Building, two Class A office towers in Indianapolis, Indiana.
JLL worked on behalf of Square Deal Investment Management to secure the financing.
Salesforce Tower and the Circle Building are positioned at 27 E. Ohio St. and 111 Monument Circle in the heart of Indianapolis’ central business district. The assets enjoy immediate access to Monument Circle and are within an amenity-rich urban core offering residential, retail, entertainment and dining options just steps from the building. Indianapolis has seen tremendous population growth in the last decade, recording more than a 50% increase in residents and is on the receiving end of public and private investment to continue the economic development.
The JLL Capital Markets team representing the borrower was led by Senior Managing Directors Ken Martin and Brian Carlton and Analyst Nelson Almond.
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 the best-in-class solutions for clients — whether investment sales advisory, debt placement, equity placement or a recapitalization. The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources on JLL, please visit our newsroom.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $18.0 billion in 2019, operations in over 80 countries and a global workforce of over 92,000 as of September 30, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About Square Deal Investment Management
Oklahoma City-based Square Deal Investments is tasked with two primary directives. The firm serves as the asset management and investment allocation arm of Square Deal Capital, Inc—the Single-Family Office for the McLaughlin Family. Additionally, Square Deal Investments maintains a focused real estate partnership strategy as well as other investment endeavors.