JLL secures financing for acquisition of $66M, 530,000 SF office campus
The Campus at Marlborough is a premier four-building complex situated on 121 acres in Marlborough, Massachusetts
BOSTON, June 18, 2020 – JLL Capital Markets announced today that it has arranged debt and equity financing for The Campus at Marlborough, a premier, four-building office campus totaling 531,916 square feet in Marlborough, Massachusetts.
Greatland Realty Partners and Breed’s Hill Capital engaged JLL to advise them on their joint venture partnership and to secure the seven-year, fixed-rate acquisition loan through Brookline Bank.
The JLL Capital Markets team representing the borrower was led by Senior Managing Director Lauren O’Neil and Directors Andrew Gray and Henry Schaffer.
“Greatland and Breed’s Hill were determined in their efforts to get this deal over the goal line, despite the challenges presented by the COVID public health crisis” said O’Neil. “All parties involved were dedicated to the successful outcome and it is that kind of teamwork and perseverance that gets transactions done in a market like this.”
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 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 the firm’s U.S. media center Web page: U.S. 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, operations in over 80 countries and a global workforce of more than 94,000 as of March 31, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About Greatland Realty Partners
Greatland Realty Partners is a Boston-based private real estate investment management and development firm. Its partners are experienced real estate professionals with a deep understanding of developing, owning, managing and leasing institutional quality commercial real estate. To learn more, please visit: greatlandpartners.com.
About Breed’s Hill Capital
Breed’s Hill Capital provides tailored wealth management and investment advisory solutions to private clients, families and foundations. For more information, please visit: breedshillcapital.com.