$155M acquisition financing secured for Columbus office campus
JLL Capital Markets led the financing efforts for the state-of-the-art, Fortune 100 property
WASHINGTON, D.C. – Nov. 10, 2022 – JLL Capital Markets announced today that it has arranged $155 million in financing for a 400,000-square-foot corporate campus in Columbus, Ohio.
JLL worked on behalf of the borrower, Golden Eagle Group Inc., to secure the fixed-rate financing.
Abduljabar “Jabs” Totonji, Chief Investment Officer at Golden Eagle Group Inc., said, “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. This is an important deal for us, our partners, and the city of Columbus and we are honored to be a part of it.”
The JLL Capital Markets team representing the borrower was led by Paul Spellman and Phil Galligan.
“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,” noted Spellman.
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.
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About JLL
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 $19.4 billion, operations in over 80 countries and a global workforce of more than 102,000 as of September 30, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About Golden Eagle Group
Golden Eagle Group’s corporate headquarters is located in Herndon, Virginia approximately 20 miles outside of Washington, D.C. From its humble beginnings in 1991, its main emphasis has been investments in commercial and residential real estate. Since opening its doors nearly 30 years ago, Golden Eagle Group has created an extensive network and team of bankers, lawyers, engineers, land developers and construction experts. All who share Golden Eagle Group’s core values to provide excellence and commitment to quality. Its projects have included the acquisition, development, construction, and management of real estate, valued at more than $2 Billion. Golden Eagle Group’s real estate projects consist of office buildings, hotels, mixed use retail and residential communities.