Preylock Holdings acquires office park in Bellevue, Washington
JLL represents buyer in $117M sale of the four-building complex
PORTLAND, December 19, 2019 – JLL announced today that it has completed the $117 million sale of 90 North, a four-building office park that is fully leased to four tenants, including MindTree, in Bellevue, Washington.
JLL represented the buyer, Preylock Holdings, in the sale of the property from Talon Private Capital, LLC. The JLL Capital Markets team consisted of Logan Greer, Kevin Freels, Michael Leggett and Gerry Rohm.
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.
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JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of more than 93,000 as of September 30, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
Preylock Real Estate Holdings is a real estate acquisition and management company with more than $1.8 billion of assets under management. Founded in Los Angeles, California in 2016, Preylock has grown to include investors that range from high net worth individuals to institutional capital and corporations. For more information please visit: preylock.com.
Talon Private Capital, LLC is a privately-held real estate investment firm with deep experience in acquisition, disposition and investment management. Operating in a broad range of property types, Talon seeks to provide superior risk adjusted returns through carefully developed strategies. Talon Principals have engaged in real estate investment activities for over 25 years with a cumulative transaction volume exceeding $8.2 billion. Talon is currently located in downtown Bellevue, Washington. For more information please visit: talonprivate.com.